Amazon has purchased CloudEndure, a data recovery technology producer that had raised more than $18m from investors including Infosys, Dell EMC and Mitsui, for $200m.
CloudEndure, a US-based data recovery technology developer backed by corporates including IT services provider Infosys, has been acquired by e-commerce and cloud computing firm Amazon for $200m, Haaretz reported on Monday.
The deal has reportedly been finalised and is expected to be officially disclosed within days. The news follows an announcement by Infosys last month that it had signed an agreement to divest its stake in CloudEndure for approximately $15.3m.
Founded in 2012, CloudEndure has developed a cloud migration and…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
