First acquisition under new leader Thomas Kurian part of Google Cloud’s effort to catch up with rivals
Google Cloud, the cloud computing division of Google, has made good on recent promises to expand capabilities to go after more enterprise customers by acquiring data migration start-up Alooma.
The Lowdown: Google Cloud is in hot pursuit of its rivals, Amazon Web Services and Microsoft. Alooma is its first acquisition since Thomas Kurian took over for former CEO Diane Green.
The Details: The terms of the deal were not disclosed.
The Impact: While
Background: Google is a top five cloud computing vendor, but it lags far behind in enterprise market share and capabilities such as those offered by Amazon, Microsoft, and IBM. Many analysts speculated that Kurian, a former Oracle executive, would undertake an acquisition strategy to build assets and expand market penetration to catch up with the cloud computing leaders.