DigitalOcean Completes Acquisition of Cloudways

Acquisition broadens DigitalOcean’s capabilities for small to medium-sized businesses

DigitalOcean Holdings, Inc, the cloud for developers, startups and SMBs, announced it has completed its $350M acquisition of Cloudways, a leading managed cloud hosting and software as a service (SaaS) provider for small to medium-sized businesses (SMBs).

Read More: Market Report: Industry Blindspots Blocking Adoption Of Digital Trade Documents Transfer

“The acquisition immediately strengthens our ability to enable builders to get their ideas on the internet, launch a business quickly, and grow and scale effortlessly,” said Yancey Spruill, CEO at DigitalOcean. “In addition, we are excited to be joining forces with the entire Cloudways team and together will continue our mission to simplify cloud computing so builders can spend more time creating software that changes the world.”

Read More: SalesTechStar Interview with Kerry Cunningham, Research and Thought Leadership at 6sense

Running multiple e-commerce stores requires safe, fast and flexible hosting. This we know, but we are not server experts. By moving to Cloudways and DigitalOcean, we not only got the speed and the flexibility we needed for our e-commerce stores, we also got a highly intuitive and easy-to-use interface, easy server scaling.

Write in to psen@itechseries.com to learn more about our exclusive editorial packages and programs.

AcquisitionCloud HostingDigitalOceane-commerceflexible hostingMedium-Sized BusinessesNewsSaasSMBs