Amazon is reportedly acquiring the cloud computing company CloudEndure in a deal worth $250 million.
As per the sources, the deal has already happened, but both the companies are yet to comment on the confirmation of the deal.
Based in Israel, CloudEndure provides disaster recovery, continuous backup, and live migration services for physical virtual and cloud-based source to Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform (GCP), VMware, Oracle Cloud, and OpenStack.
Since its launch in 2012, CloudEndure has raised over $18 million from Dell EMC, VMware, Mitsui, Infosys, and Magma Venture partners.
If the acquisition happens, a thing to wonder is whether the public cloud giant will continue to support the other cloud providers on CloudEndure.
Addition of CloudEndure to the data protection and backup services of AWS can play a significant role for the company. Although it is not clear what Amazon is going to do with the disaster recovery startup.
It seems that AWS is focusing on security and compliance services. Last year, the company had acquired the Cambridge-based cybersecurity startup Sqrrl to bolster its public cloud security. Sqrrl provides Sqrrl provides a Threat Hunting platform which utilizes link analysis, machine learning, and multi-petabyte scalability. The solution helps in detecting the advanced threats faster.
Also read: AWS brings VMware Cloud on AWS in customer’s own data center with Outposts
According to the sources cited to Globes, the deal is expected to close in the coming days.
Hello hi…The post is really very amazing and I was looking for such kind of stuff only, thanks for sharing the valuable content…keep the good work continues..TCARE…