Mergers and Acquisitions, CSPs, Mergers and Acquisitions

Google Acquires Cloud Migration Specialist StratoZone

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Google has acquired StratoZone to help partners and customers plan and automate data center migrations to Google Cloud Platform. Financial terms of the deal were not disclosed.

This is M&A deal 337 that ChannelE2E has covered so far in 2020. See the full M&A deal list here.

StratoZone, founded in 2012, addresses three cloud migration needs for partners and customers, according to a blog from Google Cloud Product Manager Souvik Choudhury and Director of Infrastructure and Applications Modernization Solution Management Erwan Menard. Specifically, StratoZone cloud migration tools are easy to use, reliable and provide fast results, according to Choudhury and Menard.

Google Cloud Platform Revenue Growth

Meanwhile, Google Cloud remains in growth mode -- though the company's public cloud market share trails that of Amazon Web Services (AWS) and Microsoft Azure.

Google Cloud Platform (GCP) and G Suite revenues rose sharply in Q1 2020, and parent Alphabet didn’t mention any signs of a Q2 slowdown during an April 28 earnings call with Wall Street analysts.

Google Cloud revenues were $2.8 billion in Q1 2020, up 52 percent compared to the corresponding quarter last year. Data and analytics demand lifted Google Cloud Platform in the areas of Infrastructure as a Service (IaaS) and Platform as a Service (PaaS). And G Suite — the Google alternative to Microsoft 365 — continues to gain seat count while expanding its average revenue per seat, the company says.

Joe Panettieri

Joe Panettieri is co-founder & editorial director of MSSP Alert and ChannelE2E, the two leading news & analysis sites for managed service providers in the cybersecurity market.