Amazon (AMZN) Web Services Debuts New EC2 Reserved Instances Marketplace

September 12, 2012 6:21 AM EDT Send to a Friend
Get Alerts AMZN Hot Sheet
Trade AMZN Now!
Amazon Web Services LLC (AWS), an Amazon.com company (NASDAQ: AMZN), today launched the Reserved Instance Marketplace, an online marketplace that provides AWS customers the flexibility to sell their Amazon Elastic Compute Cloud (Amazon EC2) Reserved Instances to other businesses and organizations. Customers can also browse the Reserved Instance Marketplace to find an even wider selection of Reserved Instance term lengths and pricing options sold by other AWS customers. Reserved Instances for Amazon EC2 allow customers to lower costs by making a low, one-time payment to reserve compute capacity for a specified term, and in turn, receive a significant discount on the hourly charge for that instance. The Reserved Instance Marketplace gives customers the flexibility to sell the remainder of their Reserved Instances as their needs change, such as wanting to move instances to a new AWS Region, changing to a new instance type, or selling capacity for projects that end before the term expires. Amazon EC2 Instances purchased on the Reserved Instance Marketplace offer the same capacity reservations as Reserved Instances purchased directly from AWS.


Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here



You May Also Be Interested In


Related Categories

Corporate News

Add Your Comment