ClosedPublished 8 Sep 2022

DigitalOcean, LLC /
Cloudways Ltd.

DigitalOcean Completes Cloudways Acquisition

Price
$350.0m
Stage
Closed
Buy side: DigitalOcean, LLC
Buy sideDigitalOcean, LLC
Source · 8 Sep 2022
Buy side: DigitalOcean, LLC
Buy sideDigitalOcean, LLC
01 / BuyerDigitalOcean, LLC
02 / TargetCloudways Ltd.
01

What happened

DigitalOcean, LLC completed its acquisition of Cloudways Ltd. on September 1, 2022. The acquisition broadens DigitalOcean’s capabilities for small to medium-sized businesses.

Cloudways is a managed cloud hosting and software as a service provider for small to medium-sized businesses. DigitalOcean acquired Cloudways for $350.0 million in cash, subject to customary purchase price adjustments.

02

The source

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01
Source · Source

DigitalOcean Completes Cloudways Acquisition

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03

Timeline

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  1. Closed

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  2. Published by the source

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