Yesterday, tech giant Microsoft officially announced the acquisition of Mover.io. Mover is a Cloud-based file migration and storage platform. With this acquisition, Microsoft will ease the process of cloud file sharing process to Microsoft 365. It is clear that Microsoft would benefit from Mover.io’s “deep expertise and migration technology, which advances Microsoft’s commitment to providing organizations of all sizes with the right tools, people and partners to successfully migrate to the Microsoft Cloud.”

The companies did not divulge the transactional details of the deal.

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Mover.io provides detailed logs for troubleshooting and IT compliance; maintaining sharing permissions from source to destination; and, incrementally transferring only new or modified files.

Jeff Teper, CVP Office, SharePoint and OneDrive wrote in his blog —

“I’m excited to announce that Microsoft has acquired Mover, a leading provider of cloud file migration, including admin-led and self-service offerings. As customer demand to move content to the cloud continues to grow, Mover will help make it easier than ever for customers to migrate files to Microsoft 365.”

Microsoft will enable customers to migrate to the Cloud with seamless agility, supporting a wide array of options involved in the Cloud file migrations. These include FastTrack and offerings from trusted Microsoft partners, as well as the SharePoint Migration Tool for migrating content from on-premises SharePoint sites and file shares to Microsoft 365. By bringing Mover.io to Microsoft 354 ecosystem, the company intends to further enhance Cloud sharing solutions with more self-service options over time.

Currently, Mover.io is already supporting migration from leading Cloud service providers. Box, Dropbox, Egnyte, and Google Drive can be integrated to OneDrive and SharePoint, enabling seamless file collaboration across Microsoft 365 apps and services, including the Office apps and Microsoft Teams.

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Together with Mover, Microsoft will continue to provide customers with fast and reliable migrations to the Cloud. They will continue to deliver with best practices and security and more connectors to Source systems. The ultimate goal is to make migration into Microsoft 365 as seamless and cost-effective as possible.

Founded in 2011, Mover.io remained a niche player in Cloud File sharing space for almost a decade. It raised $1 million in 6 funding rounds and continued to innovate with top-class solutions.

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