Posted by Singapore: NetApp has signed a definitive agreement to acquire Instaclustr, a platform-as-a-service provider. Instaclustr acquisition is one more addition to strategic buyouts that NetApp has made to strengthen its CloudOps portfolio.
Prior to Instaclustr, NetApp acquired Spot, CloudCheckr, Data Mechanics and Fylamynt. Leveraging these acquisitions NetApp wants to build its best-in-class suite CloudOps platform.
Instaclustr acquisition
With Instaclustr acquisition, NetApp will gain capabilities of management, monitoring and optimization for storage, computing and data together. Instaclustr platform provides fully managed open-source databases, pipelines and workflow applications as a service.
The company has not disclosed the financial terms of its new deal, which remains subject to customary closing conditions.
“The Instaclustr acquisition will combine NetApp’s established leadership in continuous storage and compute optimization,” said George Kurian, CEO of NetApp.
“With Instaclustr’s fully-managed database and data pipeline services to give customers a Cloud Operations platform that provides the best and most optimized foundation for their applications in the public clouds and on-premises,” added Kurian.
Reducing complexity and cost of hybrid and multi-cloud
“Instaclustr’s growth has been driven by the fact that companies want to leverage open-source databases, pipelines, and workflow applications without overwhelming themselves with the complexity and cost of managing and operating them,” said Peter Lilley, CEO and Co-Founder of Instaclustr.
“We are excited for organisations building applications for their multi-cloud and hybrid cloud reality to benefit directly from Instaclustr’s data PaaS solutions along with NetApp and Spot by NetApp’s infrastructure solutions while minimizing operations burdens,” added Lilley.
According to Anthony Lye, NetApp’s EVP and GM – Public Cloud Services, companies must implement solutions that enable them to focus more on building and releasing cutting-edge applications at speed, spending less on infrastructure management and operations.
“Instaclustr does just that and will be a significant addition to our Spot by NetApp portfolio, solving common challenges of cloud complexity, cost overruns, single-vendor lock-in, and customers’ lack of internal technical resources. The acquisition marks a critical advancement in our strategy to run application-driven platforms and infrastructures,” said Lye.
“From a technology and product perspective, NetApp’s powerful infrastructure solutions pair perfectly with Instaclustr’s data-layer-as-a-service solutions and services,” said Ben Bromhead, CTO and Co-Founder of Instaclustr.