https://techcrunch.com/2019/01/08/amazon-reportedly-acquired-israeli-disaster-recovery-service-cloudendure-for-around-200m/

Amazon has reportedly acquired Israeli disaster recovery startup, CloudEndure. Neither company has responded to our request for confirmation, but we have heard from multiple sources that the deal has happened. While some outlets have been reporting that the deal was worth $250 million, we are hearing that it’s closer to $200 million.

The company provides disaster recovery for cloud customers. You may be thinking that disaster recovery is precisely why we put our trust in cloud vendors. If something goes wrong, it’s the vendor’s problem, and you would be right to make this assumption, but nothing is simple. If you have a hybrid or multi-cloud scenario, you need to have ways to recover your data in the event of a disaster like weather, a cyber attack or political issue.