- Google Cloud is making another acquisition as the company plans to buy cloud storage company Elastifile, Google announced Tuesday.
- Google did not put a price tag on the deal in its release, but said it is expected to close later this year.
- Google has been looking to expand its cloud business under Kurian, who joined the team in November, replacing previous Google Cloud CEO, Diane Greene.
- Google has lagged behind cloud leaders Amazon and Microsoft, which each hold a large chunk of the market.
- According to a report from Canalys, Google had 7.6% of the cloud market share at the end of 2018 compared with 13.7% for Microsoft and 32% for Amazon.
- In June, Google announced plans to acquire data analytics company, Looker, for US$2.6 billion in what would be Kurian’s first major acquisition at the company.
- The Elastifile deal adds even more technology to Google Cloud’s offering.
- Google said Elastifile will be integrated with Google Cloud Filestore, allowing for broader computing and storage capabilities.
In brief: Google Cloud makes another acquisition
Google Cloud is making another acquisition as the company plans to buy cloud storage company Elastifile, Google announced Tuesday. Google did not put a price tag on the deal in its release, but said it is expected to close later this year. Google has been looking to expand its cloud business under Kurian, who joined […]
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