Google Buys Israeli-US Cloud Storage Company

Technology 27 Jul 2019 947

Google Buys Israeli-US Cloud Storage Company

Google has purchased Scalable Enterprise storage provider Israeli-American company Elastifile for Google through the Google Internet company Google Cloud. Both companies announced this on Tuesday. According to the news agency Xinhua, the two companies, however, did not disclose the amount of acquisition, but according to the Israeli media estimates, the deal was in $ 200 million.

The company has so far collected 7.5 million dollars from the fund and Chinese company Huawei and Lenovo as well as investors like Samsung, Cisco, and Dell. Elastic has developed a cloud storage solution that increases the efficiency of server farms.

By which storage can be extended to thousands of databases, and users can convert applications that support consumer storage systems quickly. The company said that its solution is the solution based on Magnetic Disks or Hybrid Solutions (Discs and Flash Technology component). Google Cloud's Chief Executive Officer (CEO) Thomas Kurien said, "Applications of Grading Applications-Grade that run on Scale in Elastifile cloud For the challenges of file storage, there is a leader in solutions. "

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