Virtuozzo acquires Jelastic Business to offer first full-stack cloud management solution for service providers – Web Hosting | Cloud Computing | Datacenter

Virtuozzo, a number one supplier of virtualization and hyperconverged infrastructure, has introduced at this time that it has acquired Jelastic’s expertise and enterprise. Jelastic is an organization that gives multi-cloud Platform-as-a-Service (PaaS) software program, following a ten-12 months partnership.

Bringing Jelastic’s platform and app management talents in-home varieties Virtuozzo’s core expertise stack. It is offering a completely built-in solution that helps all related use instances, corresponding to Anything-as-a-Service (XaS). It helps cloud infrastructure, software program-outlined storage and software management, additionally modernization, shared internet hosting, and VPS.

Virtuozzo offers the first absolutely built-in, price-efficient, and easy-to-use cloud solution which is designed for cloud service providers, internet hosting service providers, managed service providers, and small and medium-sized enterprise (SMB) purchasers. Virtuozzo helps service providers in growing profitability by offering a complete portfolio of management and companies instruments.

Many distributors associated to PaaS primarily concentrate on a single-objective providing. Jelastic, nonetheless, affords a sturdy, multi-objective solution that, by way of the acquisition, will place Virtuozzo as a powerful participant within the PaaS market and additional strengthen Virtuozzo’s place total within the quickly rising cloud companies house.

“Virtuozzo and Jelastic have been sturdy companions over the previous 10 years due to our complementary applied sciences and merchandise,” stated Alex Fine, CEO of Virtuozzo. “Virtuozzo containers have been included into Jelastic’s Platform-as-a-Service for virtualization since that solution’s inception. Together, our engineering groups have co-developed options to allow options required by the market all through our partnership. And now, with Jelastic becoming a member of our workforce, Virtuozzo can offer an entire, enterprise-grade, turnkey cloud enablement platform with absolutely built-in orchestration and a single level of management.”

Service Providers Want Simplicity, Automation and Choice

Service providers are demanding automation and simplification in container and cloud management. Jelastic has been providing a manufacturing-prepared platform confirmed to cowl these wants for years. The acquisition permits seamless enhancements and tighter integration.

Additionally, service providers desire a set of merchandise wider sufficient to offer finish customers. “Freedom of alternative” is the primary mantra, operating all through the Jelastic ecosystem. Clients can select numerous companies and options, various kinds of workloads and management via an automatic orchestration.

“Our corporations are utterly aligned and deeply perceive the challenges and alternatives within the service supplier trade the place Platform-as-a-Service enablement is the important thing within the technique of SaaS-ification and digitalization of its clients,” stated Jelastic CEO Ruslan Synytsky.

“Our joint companions will profit from this acquisition since collectively we turn into a one-cease store for Anything-as-a-Service, making it simpler to get no matter they want for their customers. The joint forces will speed up the innovation and product improvement cycles. Together we are able to elevate the bar for the trade requirements with the assistance of our distinctive applied sciences that clear up actual issues of the cloud customers,” he added.

Platform-as-a-Service Market Shows Strong Growth

In 2022, the PaaS market is anticipated to attain approx. $71 billion U.S. {dollars}, primarily based on Gartner analysis. Cloud companies (corresponding to PaaS) are estimated to improve by a excessive margin at round 27%.

PaaS adoption amongst service providers is pushed by finish-customers’ demand for entry to easy-to-manage, scalable and excessive-efficiency options.

By buying Jelastic, Virtuozzo permits its service supplier companions to attain increased ROI by getting new clients and retaining present clients by way of enabling XaaS use instances. This will present clients with extra superior automation and simplified DevOps processes.

Business as Usual

Business will proceed as ordinary, with Jelastic working as a division of Virtuozzo, underscoring the worth within the model and applied sciences of Jelastic. Ruslan Synytsky has been appointed Chief Technology Officer of Virtuozzo.

The integration of gross sales and advertising groups of Jelastic will develop Virtuozzo’s worldwide footprint and model visibility. Jelastic’s engineering assets’ integration will permit Virtuozzo to speed up its full-stack providing and ship a richer expertise over a number of cloud providers.

Terms of the transaction weren’t disclosed.

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