NetApp to acquire CloudCheckr with focus on cloud cost

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Mumbai: NetApp has signed a definitive agreement to acquire CloudCheckr, a cloud optimisation platform. While, NetApp has not disclosed the financial details but it said that the buyout will expand its Spot by NetApp portfolio.

With CloudCheckr’s acquisition, the data management and hybrid cloud company aims to extend the FinOps capabilities of Spot by NetApp. It wants to combines CloudCheckr platform’s critical cost visibility and reporting with continuous cost optimization and managed services from Spot by NetApp.

These combined capabilities will enable organisations to better understand and continuously improve their cloud resources and realize the benefits of cloud faster and at scale.

CloudCheckr platform provides cloud visibility and insights to lower costs, maintain security and compliance, and optimize cloud resources.

Considering Spot by NetApp portfolio as a core component of the company’s cloud strategy, it wants to invest in the innovation and growth as seen in the CloudCheckr’s deal.

The company said the CloudCheckr’s buyout complements and expands the Spot by NetApp portfolio to create a suite of CloudOps services. And further it builds on the company’s recent Data Mechanics acquisition.

With CloudCheckr, NetApp’s Spot portfolio will offer comprehensive cost visibility, analytics, management, and optimisation to help enterprises and managed service providers continuously control their cloud infrastructure resources.

“Managing costs while accelerating cloud applications is a significant challenge for organisations as they work to maximize the ROI of their cloud investments, all while running at cloud speed,” said Puneet Gupta, MD – NetApp India Marketing and Services.

“By adding cloud billing analytics, cost management capabilities, cloud compliance and security to our CloudOps platform through CloudCheckr acquistion, we are enabling organisations to deploy infrastructure and business applications faster while reducing their capital and operational costs,” added Gupta.

Further, “This is a critical step forward in our FinOps strategy as well as an acceleration of our overall CloudOps leadership. Simply put, NetApp continues to empower customers to achieve more cloud at less cost,” he emphasized.

“The combination of Spot by NetApp and CloudCheckr will create a suite of highly complementary and synergistic multi-cloud infrastructure management solutions for our customers and partners,” said CloudCheckr CEO Tim McKinnon.

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