The Israeli cloud migration start up company Velostrata will be acquired by Google.
Company CEO and co-founder Issy Ben-Shaul said his company Velostrata that was founded in 2014 would join Google Cloud, subject to closing conditions. Velostrata’s software enables companies to move their data and applications from onsite computers to the cloud quickly and easily, and with minimal downtime. The San Mateo, California-based software developer’s technology is being used by public sector organisations and several other sectors such as healthcare, finance and energy, the company said in a statement.
With increasing number of industries adapting to the Cloud trend, the tech major aims to offer speed, scalability and access to technologies like advanced Data Analytics and Machine Learning. "With Velostrata, Google Cloud customers … can easily and quickly migrate virtual machine-based workloads like large databases, enterprise applications, DevOps and large batch processing to and from the Cloud," said Eyal Manor, Vice President Engineering at Google Cloud, in a blog post.
With the help of Velostrata, Google wants to enable computing from storage without any performance degradation with users controlling and automating their data addresses at all times -- either on-premises or in the Cloud, the post added. "We are proud to join forces and help pave the way for enterprise customers to transform their most demanding enterprise workloads on Google Cloud Platform," said CEO and Co-Founder of Velostrata.
The financial terms of the deal were however not disclosed by either company.