Amazon acquires Amiato data migration start-up

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

According to news sources, Amazon.com is believed to have acquired data-migration start-up Amiato last year. The Palo Alto-based start-up specializes in taking data from a variety of modern databases and migrating it into Amazon’s online archiving service named Redshift. The company received $2 million in funding from Data Collective, Andreessen Horowitz, Ignition Partners and others. This acquisition targets small companies, particularly niche like 2lemetry, an Internet-of-Things firm Amazon purchased last month, and Israeli semiconductor start-up Annapurna Labs, which the online retailer agreed to buy in January. Amazon came up with its first set of Web-services products almost 10 years ago. The business division in which Web-services sales are logged brought in $1.67 billion in sales in the company’s most recent quarter. Amazon will start breaking out its Web-services unit as its own line item later this month when it reports its next quarterly earnings. - See more at: http://www.varindia.com/amazon-acquires-amiato-data-migration-start-up/#sthash.3o7vYwkt.dpuf

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