On Tuesday, software giant Microsoft announced in a blog post that it has acquired Solair, an Internet of Things (IoT) startup based in Italy. The financial terms of the acquisition deal have not been officially disclosed.

The acquisition of Solair by Microsoft is noteworthy, especially since the startup operates a cloud-based IoT platform. The IoT technology offered by Solair uses Microsoft Azure cloud services to cater to the IoT needs of wide- ranging markets, including home automation, remote maintenance, smart metering, and inventory management.

By acquiring Solair, Microsoft has indicated that it apparently has efforts underway to delve deeper into IoT technology. The company has revealed in the blog post that it will use Solair's IoT technology for upgrading its Azure IoT Suite, a collection of cloud services which unfold the IoT advantage to companies.

Though Microsoft has not specified what it will get out of Solair's IoT technology, it has promised that more details pertaining to the integration of the two companies will be divulged in the near future.

Meanwhile, about Microsoft's acquisition of Solair, Sam George -- partner director of Azure IoT at Microsoft -- said in the blog post: "The integration of Solair's technology into the Microsoft Azure IoT Suite will continue to enhance our complete IoT offering for the enterprise."