Microsoft Acquires 'Internet of Things' Company Express Logic
April 18 2019 - 6:29PM
Dow Jones News
By Stephen Nakrosis
Microsoft Corp. (MSFT) on Thursday said it acquired San
Diego-based Express Logic, maker of real-time operating systems for
the "internet of things."
Financial terms of the deal weren't disclosed.
Microsoft said Express Logic's ThreadX real-time operating
system was among the most deployed in the world, with over 6.2
billion deployments. ThreadX is also complementary to Microsoft's
own Azure Sphere, the company said.
In April of last year, Microsoft said they intend to invest $5
billion in internet of things and the intelligent edge over the
next four years.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
April 18, 2019 18:14 ET (22:14 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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