It has been an acquisitive start to the year for Amazon Web Services, which has reached an agreement to purchase Vancouver’s TSO Logic, according to a notice posted on TSO Logic’s website.
A TSO Logic representative referred inquiries to Amazon, which confirmed the deal but declined to comment further. TSO Logic offers a service that helps customers understand how much running their current workloads will cost them on the cloud, which seems like a rather helpful tool for AWS salespeople trying to win new business.
“Since 2012, our team has worked persistently to build an analytics solution that helps customers plan, optimize and save on their way to cloud. Together with AWS, we are excited to go further with our mission to simplify cloud planning and IT transformation,” wrote Aaron Rallo, CEO of TSO Logic, on the company’s site.
The deal was actually completed in late December of last year, according to a tweet posted by the company just before the holiday break.
Today we proudly announce that TSO Logic has been acquired by Amazon Web Services. Please visit our website to read a message from our CEO, Aaron Rallo. https://t.co/VSuM8Aw0Tx @awscloud pic.twitter.com/3VFmjUWrKQ
— TSO Logic (@TSOLogic) December 21, 2018
Cloud pricing might be one of the most complicated aspects of cloud computing, which is a fairly complicated endeavor on its own. It’s very easy to get up and running but harder to predict what spending will look like over a longer period of time as your company grows, and TSO Logic’s software “creates a fine-grained statistical model of compute patterns for all OS instances, showing how much you’re spending, where you’re over-provisioned, and where there are opportunities to realize significant savings both now and in the future,” according to its web site.
It’s the second deal of the year for AWS, which acquired disaster-recovery service CloudEndure for an undisclosed amount last week. AWS was relatively quiet last year on the acquisition front, snapping up security startup Sqrrl in January 2018, but it’s already ahead of last year’s pace.
[Editor’s note: This post was updated to clarify the timing of the acquisition, and following confirmation from Amazon.]
