Big Wins Abroad

Amazon buys Israeli startup E8 Storage: source

JERUSALEM (Reuters) – Amazon (AMZN.O) has bought Israeli storage technology startup E8 Storage, a source familiar with the deal said on Wednesday.

The team at E8 Storage, which provides flash storage for the enterprise and software-defined cloud, will merge with Amazon Web Services development center in Tel Aviv, the source added.

Newsletter sign up

Amazon, Amazon Web Services and E8 Storage declined comment.

The source said the valuation of E8 Storage was “significantly lower” than the $50-$60 million reported earlier by Israel’s Globes news website.


Are you enjoying the article? Join our community for even more!


Click Here

Related posts

U.S.-Israel cybersecurity collaborative: A roadmap for global private, public partnership

Camila Coutinho

Cybersecurity firm KnowBe4 acquires Twist and Shout Group of the United Kingdom


Access to Asia-Pacific privacy certification expands in the United States

Camila Coutinho

Leave a Comment