Reliam, a South Bay-based company that manages public cloud platforms for other businesses, announced it has acquired Stratalux, another South Bay-based cloud services company. Both Reliam and Stratalux work with Amazon Web Services and Reliam also works with Microsoft Azure.
The merger combines Reliam’s 34 employees with Stratalux’s 24. The companies were not willing to share specific financial information, but Reliam is acquiring Stratalux through an investment by Great Hill Partners, a Boston-based private equity firm and an investor in Reliam since 2017. According to its website, Great Hill targets investments ranging from $25 to $150 million.
“We have been impressed with Stratalux’s successes in the AWS cloud services ecosystem, and our teams are really excited to be joining forces,” Reliam Chief Executive Officer Simon Anderson said. “Our combined team and expert insights into how best to migrate or run apps and workloads on AWS will enable our customers to rapidly leverage the latest innovations in cloud computing services including serverless computing, artificial intelligence and machine learning.”
Together, the merged company will have more than 100 clients in the media, entertainment, mobile games, digital media, marketing, e-commerce and software-as-a-service (SaaS) sectors.
Technology reporter Eli Horowitz can be reached at firstname.lastname@example.org. Follow him on Twitter @coachhorowitz13 for the latest in L.A. tech news.
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