SCHAFFHAUSEN, Switzerland – (BUSINESS WIRE) – July 20, 2021–
Virtuozzo’s mission is to help shape the future of the cloud by providing service providers with comprehensive, high-performance, flexible and easy-to-use cloud infrastructure solutions that support private, public cloud use cases. and hybrid. To that end, Virtuozzo, a global leader in high-efficiency virtualization and hyperconverged software solutions, today announced the acquisition of OnApp, a London-based software company specializing in cloud solutions for IT vendors. services. The acquisition expands Virtuozzo’s existing cloud IaaS and PaaS products while expanding its reach into the regional market.
Future-proof cloud flexibility, simplicity and automation
The combined technology and R&D strengths of the two companies directly target the evolving needs of Cloud Service Providers (CSPs), Managed Service Providers (MSPs) and hosting providers focused on delivering IaaS, PaaS and XaaS solutions to their clients.
The resulting solution stack will combine the easy-to-use virtualization, containerization, storage and orchestration capabilities of Virtuozzo with the advanced functionality of OnApp’s flexible self-service management platform. In turn, service providers will have access to today’s most intuitive and robust cloud platform and infrastructure solutions capable of supporting any cloud use case.
âVirtuozzo’s primary expertise has always been in high-density server virtualization and software-defined storage. We have successfully grown over the past few years into hyperconverged infrastructure as it is crucial for the evolution of the market, âsaid Alex Fine, CEO of Virtuozzo. âSimple, flexible and intelligent access to these fundamental and robust technologies is at the heart of the success of MSPs, CSPs and hosting providers and, therefore, at the heart of our own. OnApp shares this commitment and brings incredible engineering talent and complementary technologies to Virtuozzo that help us advance the cloud infrastructure industry as a whole. We are proud and delighted to have the OnApp team on board.
Market growth, engine of innovation
Timing and demand are key factors behind the acquisition. Synergy Research Group recently reported that demand for cloud infrastructure reached $ 129 billion in 2020, growing 35% year-over-year. About a third of this market is held by non-hyperscalers, i.e. local, regional and multinational service providers. These suppliers are the beneficiaries of Virtuozzo technology.
In parallel, 451 Research, which is part of S&P Global Market Intelligence, recently discussed in its 2021 analysis Demand and Opportunities in the Alternative Cloud Provider Market a potential new opportunity for alternative CSPs, noting that they may find a role in larger multi-cloud portfolios and that âalternative can mean ‘in addition to’ rather than ‘in place of’. 1 Collectively, these reports suggest that alternative CSPs and MSPs are well positioned to become partners of choice for customers moving to modern cloud services.
âIn addition to OnApp’s technical expertise in cloud orchestration, user interface, and content delivery networks, Virtuozzo sees the value that our highly talented staff bring to the table,â said Ditlev Bredahl, CEO of OnApp. âThe integration and evolution of the joint solution stack will be of great benefit to customers of both companies. “
Terms of the transaction were not disclosed. Under the agreement, OnApp will continue to operate as a division of Virtuozzo with OnApp staff fitting into the organizational structure of Virtuozzo. Business will continue as usual with Bredahl helping with the post-acquisition integration.
OnApp provides software and services that enable web hosts, MSPs, and telecommunications providers to build and sell their own public, private, and hybrid clouds. OnApp was launched in July 2010 and has deployed more than 6,000 clouds to date for service providers in 93 countries. OnApp has 130 employees in the EU, US and Asia Pacific and is headquartered in London, UK. For more information, visit https://onapp.com.
Virtuozzo (www.virtuozzo.com) is a leading global provider of hybrid software solutions for virtualization, storage and cloud enablement. The company’s software-defined hyperconverged self-service platform and resource management capabilities enable hosting and service providers to deliver public and private cloud services to end customers. Virtuozzo is an industry pioneer who developed the first commercially available container technology 21 years ago. The company provides software solutions and services to more than 450 service providers, independent software vendors and enterprises worldwide to enable more than 500,000 virtual environments to run critical cloud workloads. A major force in the open source community, Virtuozzo sponsors and / or contributes to many open source projects including KVM, Docker, OpenStack, OpenVZ, CRIU and the Linux kernel.
1Demand and Opportunities in the Alternative Cloud Provider Market, Liam Eagle, 451 Research, part of S&P Global Market Intelligence. January 2021.
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PUB: 07/20/2021 4:00 a.m. / DISC: 07/20/2021 4:01 a.m.
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