How many acquisitions has DigitalOcean made so far?

DigitalOcean has completed 4 acquisitions so far, with an average acquisition amount of $111M.

Which countries does DigitalOcean usually acquire in?

DigitalOcean has made acquisitions in 3 countries with the most activity in United States and United Kingdom.

In which year did DigitalOcean make the most acquisitions?

DigitalOcean was most active in 2023, with 2 acquisitions completed in that year.

List of 4 Acquisitions by DigitalOcean (Apr 2026)

Q: Which is DigitalOcean's latest acquisition?

DigitalOcean's most recent acquisition is Paperspace, a Cloud based machine learning development platform provider, acquired in July 2023 for $111M.

DigitalOcean has made a total of 4 acquisitions. Peak activity occurred in 2023 with 2 acquisitions, with 1 acquisition each in 2022 and 2021. No acquisitions have been completed in the current calendar year, and over the last five years (2020-2025), the company averaged 0.8 acquisitions annually. These acquisitions spanned 3 countries—United States (2), United Kingdom (1), and Malta (1)—and involved 5 sectors, predominantly PaaS (3), Enterprise Storage (1), and IT Operations (1). The most recent acquisition was Paperspace, a cloud-based machine learning development platform provider founded in 2014 in Brooklyn, completed in July 2023 for $111M.

Here's the year on year acquisition history of DigitalOcean:

Number of Total Acquisitions

Year	# Acquisitions
2023	2
2022	1
2021	1

View all Acquisitions by DigitalOcean

Recent acquisitions by DigitalOcean

DigitalOcean's most recent acquisition - Paperspace is a Cloud based machine learning development platform provider, founded in 2014 and located in Brooklyn. DigitalOcean acquired it in July 2023 for a price of $*****.

Here is the list of all acquisitions by DigitalOcean sorted by the latest acquisition date:

Acquired on	Acquired Company	Acquisition Price	Facilitators	Stake Acquired	Acquisition Multiple
Jul 06, 2023	Paperspace	tcwp	wkoz	43	156
Jan 19, 2023	SnapShooter	ltay	ivzs	51	960
Aug 23, 2022	Cloudways	{gir	pk{s	42	920

View the full list of acquisitions

Media has covered DigitalOcean for a total of 43 events in the last 1 year, 2 of them have been about acquisition activity.

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DigitalOcean Acquires Katanemo Labs to Accelerate Inference CloudFinancial Times•Apr 02, 2026•DigitalOcean, Katanemo

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Persistent and DigitalOcean Announce Strategic Partnership to Advance Accessible, Scalable and Secure AIPR Newswire•Dec 17, 2025•Persistent, DigitalOcean

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View all Acquisitions by DigitalOcean

Acquisitions by DigitalOcean

List of DigitalOcean's Acquisitions

Recent acquisitions by DigitalOcean

News related to DigitalOcean's acquisitions

FAQs about Acquisitions by DigitalOcean