Amazon acquires enterprise flash storage startup E8 Storage
Summary
Israel’s Globes pegged the deal at $50 to $60 million but the acquisition price was lower than that, according to people familiar with the matter. Its co-founder and CEO Zivan Ori is based in San Francisco; another co-founder, Alex Friedman, is in Israel. E8 Storage’s affordable, reliable and scalable solution is ideally suited for the most demanding low-latency workloads, including real-time analytics, financial and trading applications, genomics and large-scale file systems. The tech giant acquired another Israel-based cloud startup, CloudEndure, earlier this year. Other Amazon acquisitions in 2019 include TSO Logic; Eero; Canvas Technology; Sizmek; and Bebo.
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