Express Computer
Home  »  Cloud  »  Google acquires Cloud storage firm Elastifile

Google acquires Cloud storage firm Elastifile

0 305

Aiming to ramp up its Cloud business against marker leaders Amazon Web Services (AWS) and Microsoft, Google Cloud’s CEO Thomas Kurian has announced the acquisition of Elastifile, a provider of scalable enterprise storage for the Cloud, for an undisclosed sum.

The acquisition of Elastifile is expected to be completed later this year. This is the second acquisition under Kurian who quit Oracle and joined Google Cloud as its head in November last year.

Last month, Google announced plans to acquire data analytics company Looker for $2.6 billion.

“Elastifile is a pioneer in solving the challenges associated with file storage for enterprise-grade applications running at scale in the cloud,” Kurian said in a statement.

They’ve built a unique software-defined approach to managed Network Attached Storage (NAS), enabling organizations to scale performance or capacity without cumbersome overhead.

File storage is fundamental to enterprise infrastructure and a priority for customers looking to accelerate their digital transformation.

Elastifile was founded in 2013 and is headquartered in the Israeli coastal city of Herzliya and in Santa Clara, California.

So far, the company has raised a total of $75 million from funds and investors, including Chinese giants Huawei and Lenovo, as well as Samsung, Cisco and Dell.

According to Kurian, the combination of Elastifile and Google Cloud will support bringing traditional workloads into Google Cloud Platform (GCP) faster and simplify the management and scaling of data and compute intensive workloads.

“We believe this combination will empower businesses to build industry-specific, high performance applications that need petabyte-scale file storage more quickly and easily. This is critical for industries like media and entertainment,” said Kurian.

The amount of the acquisition was not reported by the two companies, but it was estimated in the Israeli media at around $200 million.

“We’re excited to join Google for the next part of our journey. File storage is essential to enterprise cloud adoption and, together with Google, we are well-positioned to serve those needs,” said Erwan Menard, CEO at Elastifile.

Get real time updates directly on you device, subscribe now.

Leave A Reply

Your email address will not be published.

LIVE Webinar

Digitize your HR practice with extensions to success factors

Join us for a virtual meeting on how organizations can use these extensions to not just provide a better experience to its’ employees, but also to significantly improve the efficiency of the HR processes
REGISTER NOW 

Stay updated with News, Trending Stories & Conferences with Express Computer
Follow us on Linkedin
India's Leading e-Governance Summit is here!!! Attend and Know more.
Register Now!
close-image
Attend Webinar & Enhance Your Organisation's Digital Experience.
Register Now
close-image
Enable A Truly Seamless & Secure Workplace.
Register Now
close-image
Attend Inida's Largest BFSI Technology Conclave!
Register Now
close-image
Know how to protect your company in digital era.
Register Now
close-image
Protect Your Critical Assets From Well-Organized Hackers
Register Now
close-image
Find Solutions to Maintain Productivity
Register Now
close-image
Live Webinar : Improve customer experience with Voice Bots
Register Now
close-image
Live Event: Technology Day- Kerala, E- Governance Champions Awards
Register Now
close-image
Virtual Conference : Learn to Automate complex Business Processes
Register Now
close-image