ST Telemedia bags majority stake in India-based cloud firm

The firm had previously invested in two other cloud firms in 2018 and 2019.

Temasek-owned media investor ST Telemedia has acquired a majority stake in cloud service firm CloudCover for an undisclosed sum, according to a news release.

This comes after ST Telemedia’s majority-stake investments in Cloud Comrade in 2018 and Seattle-based cloud provider 2nd Watch in 2019.

The India-incorporated CloudCover harnesses cloud services with an automated-driven approach and provides advanced DevOps, data engineering and cloud-native consulting.

Photo courtesy of Pexels.com.
 

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!