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Israeli tech firm CloudEndure says it was bought by Amazon

CloudEndure said on Twitter it had been acquired by Amazon's cloud computing company, Amazon Web Services.

by  Reuters and Israel Hayom Staff
Published on  01-11-2019 00:00
Last modified: 06-04-2019 14:06
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U.S. technology giant Amazon has acquired Israeli cloud computing firm CloudEndure, the company said on Thursday.

CloudEndure said on Twitter it had been acquired by Amazon's cloud computing company, Amazon Web Services. It did not provide any financial details.

"CloudEndure is now an AWS company. This acquisition expands our ability to deliver innovative and flexible migration, disaster recovery and backup solutions," it said.

Officials at Amazon and AWS were not available for immediate comment.

The cost of the deal has been estimated at $150-$200 million.

Established in 2012, CloudEndure has raised over $18 million from investors including Dell Technologies Capital, VMware, Mitsui, Infosys and Magma Venture Partners.

The company has offices in New York and Ramat Gan and has dozens of employees.

Tags: Amazon

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