Yesterday, Google announced the acquisition of Orbitera, a platform for buying and selling software. The terms of the deal are undisclosed, however, the financial numbers have been rumored to be just over $100 million.
Orbitera, which is headquartered in Los Angeles, has a client base that includes software vendors, service providers and IT channel organizations. For Google, access to Orbitera’s network of software vendors is a huge benefit from the deal.
Google on their blog said :
Looking to the future, we’re committed to maintaining Orbitera’s neutrality as a platform supporting multi-cloud commerce, we look forward to helping the modern enterprise thrive in a multi-cloud world.
Orbitera CEO, Marcin Kurc assured customers that the service will not be changed and will continue to support the cloud platforms which existed before the acquisition.
In a blog post, Kurc said :
It quickly became clear to us that becoming a part of Google would lead to the best possible outcome for our customers. We will continue to deliver the products and services our customers rely on with the added scale that Google provides.