Cloud Giant Google Announces Plans to Acquire Cloud Migration Company Velostrata

May 10, 2018
Cloud Giant Google Announces Plans to Acquire Cloud Migration Company Velostrata
Cloud giant Google has announced plans to acquire cloud migration company Velostrata Inc. (Velostrata). Google, an Alphabet Inc. company, has global head offices in Mountain View, California, United States. It offers a range of cloud-based compute, ‘Big Data’, security and storage and database solutions in competition with companies like AWS and Microsoft. Financial details related to the acquisition of the company have yet to be released, but Velostrata is known to have raised over $31 million from investors.

Velostrata has corporate headquarters in San Mateo, California, United States and an office in Netanya, Israel. Established in 2014, the company is still recognized as a startup. It specializes in products and services that facilitate public cloud migration and workload mobility with “speed, scale and simplicity”. Velostrata’s “agentless platform moves applications to the cloud in minutes” and reduces many of the risks associated with cloud migration.

Velostrata’s capabilities will benefit Google Cloud’s existing customers and by simplifying cloud migration to its cloud platform, the acquisition could entice more people to use Google’s cloud platform. Velostrata will be integrated directly into the Google Cloud Platform (GCP) management console and utilize the VMware vCenter plug-in, thereby offering VMware customers familiar interfaces.

“We welcome Velostrata’s ability to help even more enterprise customers increase their adoption of Google Cloud’s highly available, secure, and cost-effective cloud infrastructure,” explained Google Compute Engine’s Group Product Manager, Paul Nash.

Do you know of any other companies involved in acquisitions? Let us know the details. Add your comments below.
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