Amazon acquires Israeli startup E8 Storage to strengthen cloud capabilities

By Laura Mullan
Amazon hasacquired E8 Storage, an Israeli startup that provides rack-scale flash storage for enterprise and software-defined cloud. According to report...

Amazon has acquired E8 Storage, an Israeli startup that provides rack-scale flash storage for enterprise and software-defined cloud.

According to reports by Reuters and CNBC, the purchase will allow Amazon to merge E8’s technology and team with its cloud computing arm, Amazon Web Services (AWS).

In total, the startup has raised around $18.3mn in funding, according to Crunchbase.

SEE ALSO:

Amazon’s cloud computing unit is a crucial part of the firm’s business. 

In 2018,AWS controlled 47.8% of the public cloud market, while Microsoft and Alibaba held 15.5% and 7.7% respectively, according to Gartner reports. 

In recent years, Amazon has made a series of investments to strengthen its cloud business.

In January, the company acquired TSO Logic, a Vancouver-based startup that helps companies manage their cloud resources effectively, a well as disaster recovery company CloudEndure.

Share

Featured Articles

'Change is the new normal' Accenture cloud study finds

Accenture, a global cloud services leader, shares its insights into the remarkable value that cloud automation is unlocking for businesses across the globe

Zurich selects AWS to help accelerate digital transformation

As its preferred cloud provider, global insurance leader Zurich will use AWS capabilities to speed innovation and meet regulatory and security requirements

Technology can overcome public sector data privacy concerns

A new report finds that collaborative data ecosystems help governments to craft a response to systemic challenges, but widespread adoption is yet to come

US-EU partnership to drive global advancements in AI

AI & Machine Learning

Survey into future of cloud security in the Middle East

Cloud & Cybersecurity

Infosys serves up digital innovations at the Australian Open

Digital Transformation