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Magma Venture Partners

Amazon to Acquire Israel-Based CloudEndure for $250 Million

The Move Indicates Amazon’s Endeavor to Expand Its Reach in Regions Outside the US Tech Leader Amazon will be buying CloudEndure, a Ramat Gan-based firm for one-fourth of a billion dollars. CloudEndure’s advanced computing capabilities got the attention of the Seattle-based tech behemoth, ultimately, leading to the former’s purchase by the latter. Some of the top abilities of CloudEndure are: Facilitating highly advanced Business Continuity Processes to endure business functionality during a catastrophe.…