Microsoft acquires Fungible, a maker of data processing units, to bolster Azure
TechCrunch
JANUARY 9, 2023
In December, reports suggested that Microsoft had acquired Fungible, a startup fabricating a type of data center hardware known as a data processing unit (DPU), for around $190 million. In August, after a rumored failed sale to Meta, the company revealed that it had laid off staff and was scaling back its product portfolio.
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