Startup profile · Pakistan

Cloudwayscloudways.com

A Pakistani-founded managed cloud-hosting platform for small and medium-sized businesses, agencies and digital-commerce operators. The acquired legal entity was incorporated in Malta and maintained a Pakistan operating subsidiary.

AcquiredExitedManaged cloud hostingSaaSMerchant infrastructureCloud operationsAgency infrastructure
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Products

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Capital

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AcquisitionUS$350 million cash

1 September 2022

Cash consideration subject to customary purchase-price adjustments.

Source: U.S. SEC ↗
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Leadership

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Co-founder and CEO at acquisition

Aaqib Gadit →

Co-founded Cloudways and led the company when DigitalOcean announced the transaction.

Source: DigitalOcean ↗
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Exit · DigitalOcean

DigitalOcean completes acquisition of Cloudways ↗

DigitalOcean completed its acquisition of Cloudways for US$350 million in cash. ECIndex classifies Cloudways as Pakistani-founded and globally incorporated, with a Pakistan operating subsidiary.

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