Cloud Giant AWS to Acquire Cloud Computing Company CloudEndure

Cloud Giant AWS to Acquire Cloud Computing Company CloudEndure
Cloud giant Amazon Web Services (AWS) is to acquire cloud computing company CloudEndure. With headquarters in Seattle, Washington, United States, AWS was established in 2006. With a 52% market share in worldwide cloud services, AWS is known globally as the leader in the cloud arena and offers a cloud platform that provides computing, storage, database, analytics, Big Data, Artificial Intelligence (AI) and Machine Learning options. It currently has ‘Availability Zones’ in every part of the world. AWS’ acquisition of CloudEndure cost in the region of $250 million and will be completed shortly.

CloudEndure, which has global headquarters in Ramat Gan, Israel, was established in 2012 and has to date raised just over $18 million in funding. The company offers a broad range of cloud-based services, including Disaster Recovery (DR) options, cloud migration services, business continuity services, and Software-as-a-Service (SaaS) packages with a particular focus on services that facilitate cloud to cloud data transfer.

Key to its potential to benefit AWS is CloudEndure’s continuous backup services. These services enable companies/users leveraging a variety of cloud-based options to save data and continue operations should there be critical issues with the clouds they use. Alongside AWS, CloudEndure currently supports Microsoft Azure and Google Cloud Platform (GCP). As these providers are rival cloud platform providers, whether AWS/CloudEndure will continue to them post acquisition is yet to be seen.

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

Top 3 Hosts From Our Search

2BlueRay Concepts