M&A Deal Summary

Stratoscale Acquires Tesora

On February 6, 2017, Stratoscale acquired internet software and services company Tesora

Acquisition Highlights
  • This is Stratoscale’s 1st transaction in the Internet Software and Services sector.
  • This is Stratoscale’s 1st transaction in the United States.
  • This is Stratoscale’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2017-02-06
Target Tesora
Sector Internet Software and Services
Buyer(s) Stratoscale
Deal Type Add-on Acquisition

Target

Tesora

Cambridge, Massachusetts, United States
Tesora, Inc. is a database-as-a-service (DBaaS) provider that fulfills the promise of DBaaS from any public, private or hybrid cloud computing platform.

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Buyer(S) 1

Buyer

Stratoscale

Herzliya, Israel

Category Company
Founded 2013
Sector Internet Software and Services
DESCRIPTION

Stratoscale Ltd. is a cloud infrastructure company, allowing anyone to deploy an AWS compatible region in any datacenter. Stratoscale Symphony, can be deployed in minutes on commodity x86 servers, creating an Amazon Web Services (AWS) region supporting EC2, S3, EBS, RDS and Kubernetes.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1