Microsoft has acquired Lumenisity, a developer of advanced optic cable services designed to unlock new capabilities in communication networks.
The acquisition is part of Microsoft’s effort to expand its cloud computing capabilities and increase its presence in the data telecom market.
Lumenisity’s services offer hollow-core optical fiber cables that address the bandwidth crunch in high-capacity communications systems, enabling data telecom markets to procure high bandwidth connections.
The company’s technology provides a cost-effective solution to the challenge of providing high-speed, reliable connections to the cloud.
The acquisition will allow Microsoft to leverage Lumenisity’s technology to provide customers with more reliable and faster connections to the cloud — and Microsoft will also be able to use Lumenisity’s services to expand its presence in the data telecom market.
The acquisition is a strategic move for Microsoft as it looks to strengthen its position in the cloud computing market.
With Lumenisity’s technology, Microsoft will be able to offer customers faster and more reliable connections to the cloud, which will help it to stay ahead of the competition.
Lumenisity was founded in 2012 by Dr. Mark Gostick and Dr. Richard Gostick.
The company specializes in the design, manufacture, and supply of fiber optic cables and components, and has also developed a range of products for the telecommunications, data center, and medical sectors.
In 2016, Lumenisity raised £2.5 million in seed funding from Parkwalk Advisors and other investors. The company has since gone on to secure additional funding from a range of investors, including the European Investment Bank.
It has grown rapidly since its founding and now has a presence in the UK, US, and Asia.
The company also established partnerships with a number of leading global technology companies, including Cisco, Huawei, and Corning.
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