---
schema_version: "secwatch.filing_event.v1"
accession: "0001582961-22-000041"
form_type: "8-K"
ticker: "DOCN"
cik: "0001582961"
company_name: "DigitalOcean Holdings, Inc."
filed_at: "2022-09-08T23:59:59+00:00"
generated_at: "2026-06-23T12:50:39.647829+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# DigitalOcean completes $350M cash acquisition of Cloudways, closing Sept 1, 2022

## Summary
- Acquired Cloudways Ltd. for $350M in cash, subject to customary purchase price adjustments.
- Acquisition broadens DigitalOcean's managed cloud hosting and SaaS capabilities for SMBs.
- CEO Yancey Spruill emphasized faster scaling and simplified cloud for builders.
- Transaction closed on September 1, 2022; press release issued September 8, 2022.

## SEC filing metadata
- accession: 0001582961-22-000041
- form_type: 8-K
- ticker: DOCN
- cik: 0001582961
- company_name: DigitalOcean Holdings, Inc.
- filed_at: 2022-09-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1582961/000158296122000041/0001582961-22-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1582961/000158296122000041/docn-20220901.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001582961-22-000041
- JSON: https://secwatch.observer/filing/0001582961-22-000041.json
- Plain text: https://secwatch.observer/filing/0001582961-22-000041.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.