Google Buys Cloud Monitoring Startup
Google is boosting its cloud-monitoring capabilities by buying startup Stackdriver.
The buy allows Google to offer more monitoring and analytics capabilities for Amazon Web Services and Rackspace Hosting (NYSE: RAX) users, as well as for Google Cloud users. The move is the latest in a recent series showing that Google is getting more serious about offering cloud services, including price cuts. (See Google, Microsoft Challenge Service Providers.)
According to the latest Synergy Research Group Inc. report, Google ranks well behind Amazon Web Services LLC but also behind Microsoft Corp. (Nasdaq: MSFT), IBM Corp. (NYSE: IBM), and Salesforce in the cloud services market, with Microsoft growing the fastest of late.
All five of those players well outrank the telecom cloud providers, according to John Dinsdale, a chief analyst and research director at Synergy.
Stackdriver was formed in 2012 by VMware Inc. (NYSE: VMW) veterans Dan Belcher and Izzy Azeri. The company had raised $15 million in venture funding.
Stackdriver will be Google's 10th acquisition so far this year. (See Google to Buy Nest for $3.2B.)
— Dan Jones, Mobile Editor, Light Reading