Amazon to buy Israeli startup E8 storage

Amazon to buy Israeli startup E8 storage
# 31 July 2019 19:19 (UTC +04:00)

E-commerce giant Amazon (AMZN.O) has agreed to buy Israeli storage technology startup E8 Storage, APA reports citing Reuters.

The Globes news website and other leading financial media outlets reported that E8 Storage’s employees will join Amazon Web Services development center in Tel Aviv following the acquisition.

Globes said the deal values E8 Storage at $50-$60 million.

Spokespeople for Amazon, Amazon Web Services and E8 Storage could not be immediately reached for comment.

E8 Storage, according to its Twitter account, provides flash storage with a rack-scale architecture for the enterprise and software-defined cloud.

1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED