Google may acquire enterprise cloud software firm D2iQ

D2iQ investors include Hewlett Packard Enterprise, Khosla Ventures, Koch Disruptive Technologies, Microsoft, Andreessen Horowitz and T. Rowe Price Associates.

By: INDO ASIAN NEWS SERVICE
| Updated on: Apr 29 2020, 02:16 IST
D2iQ is a Google Cloud Platform and G Suite partner and acquiring D2iQ could help Google better compete with Amazon.
D2iQ is a Google Cloud Platform and G Suite partner and acquiring D2iQ could help Google better compete with Amazon. (AP)

Google is reportedly in negotiation to acquire enterprise cloud software company D2iQ for over $250 million, the media reported.

D2iQ is a Google Cloud Platform and G Suite partner and acquiring D2iQ could help Google better compete with Amazon.

You may be interested in

MobilesTablets Laptops
7% OFF
Apple iPhone 15 Pro Max
  • Black Titanium
  • 8 GB RAM
  • 256 GB Storage
23% OFF
Samsung Galaxy S23 Ultra 5G
  • Green
  • 12 GB RAM
  • 256 GB Storage
Google Pixel 8 Pro
  • Obsidian
  • 12 GB RAM
  • 128 GB Storage
Apple iPhone 15 Plus
  • Black
  • 6 GB RAM
  • 128 GB Storage

"Google originally developed Kubernetes, the open source server-management technology that D2iQ has integrated into its software offerings," The Street reported on Monday.

Also read
Looking for a smartphone? To check mobile finder click here.

Also read: Airtel signs 7,636 crore multi-year deal with Nokia to get ready for the 5G era

D2iQ investors include Hewlett Packard Enterprise, Khosla Ventures, Koch Disruptive Technologies, Microsoft, Andreessen Horowitz and T. Rowe Price Associates.

Earlier this month, D2iQ was awarded a US Department of Defense Enterprise Software Initiative contract.

D2iQ will provide the Defense Department with access to its suite of enterprise-grade open source solutions for deploying cloud native applications in Day 2 operations, a feature that is used later in the life-cycle of the managed object.

D2iQ is an enterprise-grade cloud platform provider formerly known as Mesosphere.

The company recently reportedly laid off 34 employees, or 13 percent of its workforce, to reduce costs to deal with a projected 40 per cent sales decline, reports CRN.

Catch all the Latest Tech News, Mobile News, Laptop News, Gaming news, Wearables News , How To News, also keep up with us on Whatsapp channel,Twitter, Facebook, Google News, and Instagram. For our latest videos, subscribe to our YouTube channel.

First Published Date: 29 Apr, 02:15 IST
NEXT ARTICLE BEGINS