CloudBees Gets Stax

CloudBees, a maker of cloud-based platforms for Java computing and development, announced it has acquired Seattle-based Stax Networks, for an undisclosed sum. CloudBees, which recently emerged from stealth mode and is setting up its headquarters in Boston, raised a $4 million Series A financing last month, led by Matrix Partners. Stax provides Java application platforms for the Internet cloud, and will integrate with CloudBees technology to enable customers to run their IT lifecycle on the cloud, from development to deployment, according to today’s announcement.

Author: Erin Kutz

Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.