Cloud Computing: eFolder acquires Sweden’s Cloudfinder
Grazed from eFolder. Author: PR Announcement.
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Atlanta-based eFolder, a provider of software that protects cloud-stored data, said it has acquired Cloudfinder of Sweden, a company that provides business-to-business cloud data backup and text searches.
Financial terms of the deal were not disclosed.
Cloud computing relies on a network of remote servers hosted on the Internet and used to store, manage, and process data rather than storing and processing the data on a local server or personal device, such as a PC, tablet or smartphone. The remote servers can process everything from e-mail to complex data analysis programs…

