Business
NetApp to acquire Cloud open source database provider Instaclustr
San Francisco, April 8
Leading Cloud firm NetApp is acquiring Instaclustr, that operates open source databases in the cloud, for an undisclosed sum.
Modern Cloud applications rely on a growing set of foundational services including multiple open-source databases, data pipelines and workflow solutions.
The acquisition of Instaclustr builds on a series of strategic acquisitions made by NetApp to deliver a leading best-of-suite platform for CloudOps, it said in a statement late on Thursday.
"The acquisition of Instaclustr will combine NetApp's established leadership in continuous storage and compute optimization with Instaclustr's fully-managed database and data pipeline services," said George Kurian, CEO at NetApp.
NetApp's recent acquisitions include Spot, CloudCheckr, Data Mechanics Fylamynt and now Instaclustr.
"Instaclustr delivers fully managed open-source solutions that give companies increased productivity and reduced cost," said Peter Lilley, CEO and Co-founder at Instaclustr.
The acquisition is subject to customary closing conditions.
"As companies race to modernize and digitally transform in the Cloud, they 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," said Ravi Chhabria, Managing Director, NetApp India.
14 hours ago
Mohanlal-starrer 'Drishyam 3' makers to get Rs 100 crore investment from popular production house
14 hours ago
Beijing rejects Trump's claim that intercepted Iranian ship carried 'gift' from China
14 hours ago
Situation in Iran remains serious, Embassy providing assistance to Indian nationals: MEA
14 hours ago
Blockade tightens as US escalates Iran pressure
15 hours ago
Iran delegates to arrive in Islamabad tonight, reports Pakistan's ARY News
15 hours ago
MEA Secretary Sibi George discusses UN reform, Global South with Antonio Guterres
16 hours ago
Iran delegates to arrive in Islamabad tonight, reports Pakistan's ARY News
16 hours ago
Trump signals possible military action against Iran, says no rush for deal
16 hours ago
MEA Secretary Sibi George discusses UN reform, Global South with Antonio Guterres
16 hours ago
RSS model build on trust, teamwork: Dattatreya Hosbale
19 hours ago
SC orders reinstatement of Gujarat judicial officer with full benefits
19 hours ago
Denied mobile phone, K'taka boy commits suicide; police warn parents against abrupt withdrawal
19 hours ago
SC refuses to hear plea by West Bengal election duty officers over SIR roll deletion
