Amazon buys CloudEndure - reports

Business | Technology 1/9/2019, 5:14 AM
Amazon buys CloudEndure - reports

Amazon.com Inc. reportedly bought Israeli disaster recovery startup CloudEndure for $200 million to $250 million, Israeli publication Globes reported citing anonymous sources.

According to the article, the deal is valued at around $250 million. Meanwhile, Techcrunch said it is closer to $200 million. Tel Aviv-based CloudEndure provides disaster recovery for cloud customers when unforeseen events such as extreme weather conditions or cyberattacks occur.

Neither Amazon nor CloudEndure commented on the reports.

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