Amazon acquires Israeli tech startup E8 Storage

Amazon logo
The Amazon logo at the company logistics centre in Boves, France.

Amazon has bought Israeli storage technology startup E8 Storage, a source familiar with the deal said on Wednesday.

The team at E8 Storage, which provides flash storage for the enterprise and software-defined cloud, will merge with Amazon Web Services development center in Tel Aviv, the source added.

The source said the valuation of E8 Storage was significantly lower than the $50-$60 million reported earlier by Israel’s Globes news website.

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