Why Shopify Should Buy DigitalOcean
Back in the early 2000s, as Amazon scaled its marketplace, it began providing cloud infrastructure services to third-party sellers. At first, this platform was meant to facilitate Amazon's ambitions in e-commerce, but it eventually became something much bigger. Today, Amazon Web Services (AWS) is the No. 1 cloud computing platform in the world and the chief driver of Amazon's operating profits.
Shopify (NYSE: SHOP) takes a different approach to commerce, but it would still benefit from a similar transition into cloud computing. For that reason, the company should consider acquiring DigitalOcean (NYSE: DOCN), a cloud vendor that tailors its products to the needs of small and medium-sized businesses (SMBs) and individual developers.
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Source Fool.com
