Virtuozzo Acquired OnApp To Offer Comprehensive Cloud Infrastructure Solutions
Virtuozzo, a working framework level server virtualization and cloud foundation supplier declared on July 20, 2021, the obtaining of OnApp, a London-based cloud arrangements supplier. The move addresses another progression Virtuozzo is taking to drive forward the whole cloud industry and CSP’.
The monetary terms of the procurement are as yet private.
SCHAFFHAUSEN, Switzerland – With the mission to shape the eventual fate of cloud specialist co-ops, Virtuozzo has been serving end-clients with thorough, adaptable, elite execution cloud framework arrangements. The organization has been engaging elective cloud by serving end-clients with multi-inhabitant, high-effectiveness virtualization, and half breed cloud arrangements.
Virtuozzo has generally been a worldwide forerunner in virtualization and hyper-merged arrangements and as of late uncovered the procurement of OnApp, a total stage for cloud arrangement suppliers. This securing should speed up cloud IaaS and PaaS items development in the web-based commercial center and combine jobs.
Cloud Infrastructure Being Future Proof and Flexible
Cloud infrastructure is being future proof and flexible. The combination of Virtuozzo and OnApp is a direct target at the major evolution in Cloud Service Providers (CSPs), Managed Service Providers (MSPs) and Hosting providers.
The combined solution will give cloud service providers complete control over their cloud infrastructure and platform solutions. Eventually, this will enable users to consume cloud services without having to know how a particular cloud service is architected, how it is provisioned, or what it consists of.
As a cloud infrastructure provider, Virtuozzo is dedicated to delivering innovative technology solutions to the world. OnApp shares its commitment to Virtuozzo’s expertise in cloud technologies to enhance the cloud industry. The integration of OnApp with Virtuozzo with OnApp will be a great benefit to the existing clients of both companies and the whole cloud industry.
Initially, Virtuozzo was a company that developed server virtualization and storage software. After the acquisition, the company is planning to expand its business by investing in hyper-converged infrastructure and integrating the existing strategy with the new one. The main motive of implementing this new business strategy is to make VSP and software more secure in cloud infrastructure.
According to Virtuozzo’s statistics, the cloud infrastructure is growing in demand and hence this is the right time to invest in cloud technology. Moreover, as per the 451 research, there are many new marketing opportunities for cloud service providers and the market growth is going to drive new innovations. “Virtuozzo will be the market leader in the market by 2020.
We know that cloud is essential and has become commonplace. We help make it simple and affordable for everyone.
The main reason for the acquisition is market timing and customer demands. Under the terms of the deal, OnApp’s employees will join Virtuozzo’s original structure.
The two companies have both continued and worked independently since the acquisition, so there are no plans to integrate the companies.