The platforms of cloud computing PaaS allow developers to have the opportunity to work with web applications in a very free way.
The Platform as a service sector, PaaSis a cloud service.
Previously, if a customer wanted to develop an application, they had to have an infrastructure and a physical database.
Well, now, with PaaS, that customer can request a cloud service provider to provide the tools for hardware and software necessary to develop such a product, as well as space to host the application.
In 2005, a British company, known as Fontagodeveloped the first product PaaScalled Zimki.
It was essentially a code execution platform, allowing users to build and deploy web applications and services.
Below, we show the Top 3 of companies in the sector that have been sold during the period 2018/2019.
Pivotal Software is a sotfware company providing digital transformation technology and services.
In 2019, VMwareThe company has taken over its services and is now operating as a wholly owned subsidiary of the company.
The transaction represents an enterprise value for Pivotal of approximately $2.7 billion.
Vidyo is a provider of enterprise-grade video software solutions.
It supports visual communications across multiple end-to-end points, diverse broadband networks and geographically dispersed locations.
The company's infrastructure software platform leverages proprietary video routing, management technologies and interoperability to deliver best-in-class video quality.
It also offers reliability, scalability and security.
Deployed in cloud, on-premise or hybrid form, Vidyo enables customers to collaborate more effectively, interact and lead.
In 2019, it was sold to Enghouse Systems.
The location intelligence platform of Digital Map Productprovides both businesses and government agencies with the best information for their decision making.
Also in 2019, it was sold to Lightboxby 41,2M$.
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