Skip to main content Skip to footer
Back to All Transactions

In Cloud Computing

GrowthPoint Acted as Exclusive Financial Advisor to GreenButton on its Acquisition by Microsoft

Tags: #Cloud Management

New Zealand

Big Compute for Microsoft Azure – Announcing the Acquisition of GreenButton

Data, combined with incredible computing power, is changing the way we do business every day, and customers from all industries – from science and engineering, to media and finance – are realizing what is possible. Entire genomes are being analyzed to develop new drugs. Financial and insurance models are being built to prevent risk. Immersive entertainment is being brought to life in jaw-dropping ways.

But for each of these scenarios, these customers need help processing massive amounts of information and running compute-intensive simulations, so they can more simply and easily realize what is possible. To address this critical and growing need, today I’m excited to announce the acquisition of GreenButton.

GreenButton is a leading provider of integrated on-demand solutions that allow customers to manage compute-intensive workloads in the cloud. These solutions are known in the industry for their ease of use. Using GreenButton’s solutions, applications can be cloud-enabled quickly without recoding existing software – and without a PhD in computer science.

As a result of today’s acquisition, we’ll be working to integrate those solutions with the Microsoft Azure platform, enabling customers to simply and easily solve complex problems, get more from their data and drive their business forward. Our work integrating GreenButton’s leading technology with the enterprise-grade scale and global reach of Azure starts today, as we welcome the New Zealand-based team to the Azure family. As a result, the existing GreenButton service will no longer be available to new customers. We look forward to launching a new service integrated in Azure later in the year.

It’s an exciting time for businesses that are investing in Big Data and Big Compute. With this acquisition, we are looking forward to democratizing the use Big Compute through the power of the cloud, so that organizations from all walks of life can use their data to transform their business and the world.