Microsoft with new acquisitions as part of business expansion. According to reports, Microsoft has acquired Lumenicity Ltd., a developer of high-speed cables. Microsoft aims to expand its global cloud services through new acquisitions.
Lumenicity Limited is also a leading manufacturer of next generation hollow core fiber products. Microsoft aims to establish fast and secure networking through these types of products. Microsoft also stated that customers can provide more security through this.
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Light travels through hollow core fiber up to 47 percent faster than conventional silica glass. This feature will be more beneficial in the field of networking. Mainly healthcare, financial services, manufacturing, retail and government sectors will benefit more from this technology.