27.03.2020 MSFT Daily Analysis

27.03.2020 MSFT Daily Analysis

MSFT is trading at $156.11 (+6.26). MSFT announced the acquisition of Affirmed Networks, which is a company that specializes in fully virtualized, cloud-native networking solutions for telecom operators and focuses on 5G. The company`s customers include AT&T, Vodafone, Telus, Turkcell, and Orange. This is an ideal acquisition for MSFT as it looks to dive deeper into the telecom industry.  Yousef Khalidi, Microsoft’s corporate vice president for Azure Networking said, “As we’ve seen with other technology transformations, we believe that software can play an important role in helping advance 5G and deliver new network solutions that offer step-change advancements in speed, cost, and security. There is a significant opportunity for both incumbents and new players across the industry to innovate, collaborate and create new markets, serving the networking and edge computing needs of our mutual customers.” Rivals MSFT and Slack are coming together to enable users of the Slack team collaboration tool to communicate with those who use MSFT`s Teams. This comes as many people have been working because of the lockdown due to the coronavirus pandemic. MSFT revealed that Teams had 44 million active users daily since people started working from home.  Slack co-founder and CEO Stewart Butterfield said, “We’re working on Teams integrations for calling features. Microsoft Teams, as well as Zoom, have provided a kind of virtual substitute for in-person meetings in conference rooms after more people began working from home in recent weeks to avoid further spread of the coronavirus.”