The US group will, through this acquisition, be able to increase the performance of its cloud computing solutions. The amount of the transaction would be between $ 50 and $ 60 million.
Amazon may be the leader in cloud computing with Amazon Web Services( AWS ), the US giant is still seeking innovation to maintain a certain technological edge over its competitors.
A new takeover of Amazon to strengthen its lead on cloud computing
We learn today by Reuters that the group has acquired the Israeli start-upE8 Storage. Founded in 2014, this young company specializes in the manufacture of storage arrays incorporating flash memory.
These technical solutions significantly improve the speed and performance of cloud applications, including " real-time analytics, financial and business applications, genomics, and large-scale file systems," as E8 Global explains on its website.
Israel at the forefront of new technologies
The amount of the acquisition would be between 50 and 60 million dollars, but the two companies did not wish to speak on this purchase.
Since its inception, E8 Storage has raised just over $ 18 million from investors. Sources close to the record indicate that the amount paid by Amazon would be significantly lower.
The 25 employees of the start-up should not leave Israel but join the two research and development centers that opened Amazon in Haifa and Tel Aviv in 2017.
E8 Storage is the second Israeli company to arouse the interest of giant US, after the purchase in January of CloudEndure for $ 250 million.
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