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Storj completed the acquisition of Valdi.

Synopsis

Storj, a cloud object storage platform, completed the acquisition of Valdi, a provider of secure and reliable GPU computing power. Financial terms were not disclosed. "Storj was created to build a new cloud for a new era of computing. About 20 years ago AWS began with S3 object storage followed by EC2 CPU-based computing and other services. Today, Storj builds on our strong foundation of distributed cloud object storage. Acquiring Valdi expands the value of our distributed solutions for the enterprise by enabling a full stack cloud offering for our wide range of global customers," Ben Golub, Storj CEO.

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