Amazon Web Services Launches Reserved Instance Marketplace

Amazon Web Services LLC (AWS), an Amazon.com company

, 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