DigitalOcean Acquires Cloudways for $350M

September 8, 2022

DigitalOcean Holdings, Inc. completed its $350 million acquisition of Cloudways, a managed cloud hosting and SaaS provider serving small and medium-sized businesses. The deal expands DigitalOcean's managed hosting and platform capabilities for SMBs, enabling faster onboarding, scaling and simplified cloud management for developers and e-commerce customers.

Buyers
DigitalOcean Holdings, Inc.
Targets
Cloudways
Industry
Cloud & SaaS
Location
Colorado, United States
Transaction Type
Buyout

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