- Google announced plans to purchase a small Tel Aviv-based startup that helps companies move their internal corporate infrastructure to cloud providers.
- Velostrata has raised $ 31.5 million since 2014, pitching itself as a service that works with a lot of different providers like AWS, Azure, and — more recently — Google’s cloud computing service.
- This acquisition could mean that Velostrata will no longer offer services that help clients move to competitors.
- The terms of the deal haven’t been disclosed.
Google plans to buy the small enterprise startup Velostrata as the search giant continues growing its cloud computing business.
Google said Wednesday that it would acquire Israel-based Velostrata, which specializes in helping companies move their internal corporate infrastructure to cloud providers. Terms of the Google-Velostrata deal were not disclosed, but Google said that Velostrata’s employees would join the company’s office in Tel Aviv.See the rest of the story at Business Insider
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