CSPs, MSPs, and Hosting Providers Benefit directly from increased availability of XaaS Pay-as-You-Go solutions to end customers
SCHAFFHAUSEN, Switzerland – Virtuozzo’s mission is to help shape the future of the cloud by empowering service providers with comprehensive, high-performance, flexible and easy-to-use cloud infrastructure solutions use cases that support private, public, and hybrid cloud use cases. Final, Virtuozzo, a global leader in highly efficient hyper-converged and virtualized software solutions, today announced that it is acquiring OnApp, a London-based software company focused on cloud solutions for service providers. The acquisition enhances Virtuozzo’s existing cloud IaaS and PaaS products while expanding regional market reach.
Future-proofed cloud flexibility, simplicity, and automation
The combined technological and R&D strengths of both companies are directly aimed at the growing needs of Cloud Service Providers (CSPs), Managed Service Providers (MSPs) and Service Providers. hosting services focus on providing IaaS, PaaS and XaaS solutions to their customers.
The resulting solution stack will combine Virtuozzo’s easy-to-use virtualization, storage, storage, and orchestration capabilities with the advanced features of OnApp’s flexible self-service management platform. In return, service providers will gain access to today’s most intuitive and powerful cloud infrastructure and platform solutions capable of supporting any cloud use case.
“Virtuozzo’s main expertise has traditionally been in high-density server virtualization and software-defined storage. Over the past few years, we have successfully expanded into the area of hyper-converged infrastructure because it is so important to the growth of the market,” said Alex Fine, CEO of Virtuozzo. “Simple, flexible, and intelligent access to those powerful, underlying technologies are core to the success of MSPs, CSPs, and Hosting Providers, and therefore core to them. I. OnApp shares that commitment and brings Virtuozzo with incredible technical talent and complementary technologies that help us advance the entire cloud infrastructure industry. We are proud and delighted to have the OnApp team involved. ”
Innovation drives market growth
Timing and demand are the key factors behind the acquisition. The Synergy research team recently reported that cloud infrastructure demand will reach $129 billion in 2020, up 35% year-on-year. About a third of this market is owned by non-superior service providers — local, regional, and multinational service providers. Those providers are the beneficiaries of Virtuozzo technology.
In parallel, 451 Research, a division of S&P Global Market Intelligence, was recently discussed in its 2021 analysis. Needs and Opportunities in the Alternative Cloud Provider Market a potential new opportunity for alternative CSPs, noting that they may find a role in a larger multi-cloud portfolio and that “alternative can mean” in addition to “instead of” instead of “” .”first Collectively, these reports suggest that alternative CSPs and MSPs are well-positioned to be the partner of choice for customers transitioning to modern cloud services.
“In addition to OnApp technical expertise in cloud orchestration, user interface, and content delivery networks, Virtuozzo sees the value in our highly talented staff,” said Ditlev Bredahl, CEO of OnApp. I bring. “The integration and development of a common solution platform will be very beneficial for customers of both companies.”
Terms of the transaction were not attached. Under the agreement, OnApp will continue to operate as a division of Virtuozzo with OnApp staff integrated into Virtuozzo’s organizational structure. Business will continue as usual with Bredahl post-acquisition integration support.
OnApp provides software and services that enable hosts, MSPs, and telecommunications service providers to create and sell their own hybrid, private, and public clouds. OnApp launched in July 2010 and has deployed more than 6,000 clouds to service providers in 93 countries to date. OnApp has 130 employees across 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 cloud-enabled, storage, and virtualization software solutions. The Company’s hyper-converged self-service platform and software-defined resource management capabilities enable hosting and service providers to offer end customers public and private cloud services fourth. Virtuozzo is an industry pioneer who developed the first commercial container technology 21 years ago. The company provides software solutions and services to more than 450 service providers, ISVs, and enterprises worldwide to enable more than 500,000 virtual environments, running mission-critical cloud workloads. A significant force in the open source community, Virtuozzo sponsors and/or is a contributor to many open source projects including KVM, Docker, OpenStack, OpenVZ, CRIU, and the Linux kernel.
firstNeeds and Opportunities in the Alternative Cloud Provider Market, Liam Eagle, 451 Research, a division of S&P Global Market Intelligence. January 2021.
https://financialpost.com/pmn/press-releases-pmn/business-wire-news-releases-pmn/virtuozzo-acquires-onapp-enabling-more-comprehensive-intuitive-cloud-infrastructure-solutions-for-service-providers | Virtuozzo acquires OnApp, enabling more comprehensive visual cloud infrastructure solutions for service providers