Google acquires Cloud storage company Elastifile

Google Cloud is making another acquisition under new CEO Thomas Kurian who quit Oracle to join Google Cloud as its head in November replacing previous Google Cloud CEO Diane Greene.

The company is buying Tel Aviv-based Elastifile, a provider of scalable, enterprise file storage for the cloud, for an undisclosed amount.

The deal is expected to close later this year.

Last month, Google announced plans to acquire business intelligence platform Looker for $2.6 billion in what would be companys first major acquisition under the watch of Kurian.

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

Google still remains a distant third behind cloud leaders Amazon and Microsoft when it comes to enterprise cloud market share.

“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.

“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.

 

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