As announced last December, we are on track to retire Azure Managed Cache service and Azure In-Role Cache support by November 30, 2016. We strongly suggest that all currently active users of these services to move off them as early as possible, before the deadline.
Azure Redis Cache, based on the popular open-source implementation, is a fully-managed and high-performance caching solution that supersedes the Managed Cache and In-Role Cache services. It offers more features and options. We recommend that you consider Redis Cache as a replacement for the caching needs in your application. We have updated the Migrate from Managed Cache Service to Azure Redis Cache documentation webpage to facilitate your migration efforts.
If you have any questions or need assistance, please feel free to contact us.