Amazon is acquiring the Israeli flash storage technology startup E8 Storage for around $50-$60 million, reported the “Globes.” E8 Storage lists 30 employees on LinkedIn. The team and the technology at E8 will merge with Amazon’s AWS (Amazon Web Services) development center in Tel Aviv. The startup provides centralized, rack-scale flash for the enterprise and software-defined cloud with high performance, low latency, and simplified storage to meet the needs of enterprises. E8 Storage solutions are also upgradeable and expandable. E8 solution helps enterprises to build a private internal organizational infrastructure which can be used for transition from local server to a high-speed storage data center that meets their required scale of storage. This is Amazon’s second acquisition in Israel this year, following the cloud computing firm CloudEndure, which was acquired in January. Other notable acquisitions by Amazon in 2019 include Canvas Technology, Eero, TSO Logic, Sizmek and Bebo….
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