Google acquires Israeli-US company Elastifile

The acquisition is said to be worth around $200 million

Google

Google has acquired Elastifile, an Israeli-US company, through Google Cloud, news reports said. Elastifile provides scalable enterprise storage for the cloud. 

The acquisition is said to be worth around $200 million. 

Elastifile has come up with a cloud storage solution to make server farms more efficient. According to Elastifile, the solution it offers is cheaper than those based on magnetic disks or hybrid solutions.
 

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