Google Acquires Cloud Commerce Platform Orbitera for Rumored $100 Million
Google has acquired Orbitera, a commerce platform that makes buying and selling software in the cloud simple and scalable for all kinds of businesses, including independent software vendors and IT channel organizations. The purchase will help Google better compete with Amazon in the cloud space.
“The current model for the deploying, managing and billing of cloud-based software does not easily fit the way today’s modern enterprises operate,” explains Google. “Orbitera automates many of the processes associated with billing, packaging and pricing optimization for leading businesses and ISVs (Independent Software Vendors) supporting customers running in the cloud.”
This acquisition will not only improve the support of software vendors on Google Cloud Platform, but reinforces Google’s support for the multi-cloud world. We’re providing customers with more choice and flexibility when it comes to running their cloud environment.
More than 60,000 enterprise stacks have been launched on Orbitera.
“Looking to the future, we’re committed to maintaining Orbitera’s neutrality as a platform supporting multi-cloud commerce,” Google added.
Terms of the deal were not disclosed but sources cited in a TechCrunch report suggest the transaction was slightly above $100 million.