Google is allegedly in the process of negotiation to buy enterprise cloud software firm D2iQ for over $250 million.
On Monday, The Street reported that,
“Google originally developed Kubernetes, the open-source server-management technology that D2iQ has integrated into its software offerings.”
The Khosla Ventures, Microsoft, Koch Disruptive Technologies, Andreessen, Hewlett Packard Enterprise, and T.Rowe Price Associates are D2iQ shareowners.
Moreover, D2iQ was granted a US Department of Defense Enterprise Software Initiative agreement at the beginning of April.
Defense Department will have free access to the D2iQ suite of enterprise-grade strategies for rolling out cloud-native apps in Day 2 activities, a feature used to the managed object over a lifetime.
D2iQ is an enterprise-grade cloud program hosting company previously titled Mesosphere. According to the CRN, the company dismissed 34 employees a short while ago(13 percent of its staff), for cost-cutting to manage with an expected 40 percent sales decrease.