It has been announced this week by PiCloud and Dropbox that it is has acquired PiCloud the platform which specialises in high performance computing, as well as batch processing and scientific computing applications from the cloud.
Details of the deal have not been disclosed but the PiCloud team will be joining forces with Dropbox to help the cloud storage company reach even greater heights.
Even after the acquisition the PiCloud Platform will continue to live on as an open source project operated by an independent service, Multyvac. Picloud announced from its blog yesterday:
The last few years have been an incredible experience. We saw the potential in a nascent cloud industry, and helped bring it to those whose cause we believed in most: scientists and engineers in industry and academia solving difficult problems in computational biology, chemistry, physics, and many more disciplines.
We’re so proud of how far PiCloud has come, but it’s become clear that the industry we’ve chosen is not ready for the fast-paced growth demanded by a venture-backed business. For this reason, the team has decided to join Dropbox, a company full of bright, ambitious individuals whose values remind us of our own. We’ll be bringing our API-building expertise to the Dropbox Platform, helping ease and accelerate developer access to one of the greatest collections of data in the world.
To our users who dedicated their time and resources to our platform and mission, thank you very much. Your support was our fuel, your critiques our drive, and your success stories our pride. Even though the team is moving on, we’re still committed to addressing your needs, so here’s what’s going to happen:
Multyvac will be releasing an API-compatible solution, giving our users an easy migration path. Sign up for Multyvac’s mailing list to stay up-to-date on developments.
Multyvac will release their solution before our planned shutdown date on February 25th, which is 100 days from now.
Lastly, thank you to our investors, friends, and families for all your support. We couldn’t have done it without you.
-The PiCloud Team
Source: TNW :
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