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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