- TechCrunch reports that Amazon (AMZN +2.4%) Web Services has acquired TSO Logic, a Vancouver-based startup that provides analytics-driven insights to optimize cloud migration and workloads. Terms weren't disclosed.
- Microsoft purchased the similar startup Cloudyn in 2017 for between $50M and $70M.
- Amazon confirmed the purchase in an email to TechCrunch and TSO Logic has the news on its website.
- Amazon says TSO Logic's office will stay in Vancouver and the entire staff has been offered positions with the tech giant.