SCHAFFHAUSEN, Switzerland–(BUSINESS WIRE)–Virtuozzo, a high-efficiency virtualization and hyperconverged infrastructure software program chief, at present introduced it has acquired the know-how and enterprise of Jelastic, a multi-cloud Platform-as-a-Service (PaaS) software program firm, following a 10-year partnership.
Bringing Jelastic’s platform and utility administration capabilities in-house completes Virtuozzo’s core know-how stack, delivering a totally built-in resolution that helps all related anything-as-a-service (XaaS) use instances—from shared internet hosting to VPS to cloud infrastructure, software-defined storage and utility administration and modernization.
Virtuozzo affords the primary totally built-in, easy-to-use and cost-efficient cloud resolution designed for Cloud Service Providers, Managed Service Providers, Hosting Service Providers and their small and medium-sized enterprise (SMB) prospects. Virtuozzo additionally helps service suppliers enhance profitability by offering a complete portfolio of providers and administration instruments.
Many PaaS distributors deal with a single-purpose providing. Jelastic, nevertheless, affords a sturdy, multi-purpose resolution that, through 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 providers area.
“Virtuozzo and Jelastic have been sturdy companions over the previous 10 years due to our complementary applied sciences and merchandise,” mentioned Alex Fine, CEO of Virtuozzo. “Virtuozzo containers have been included into Jelastic’s Platform-as-a-Service for virtualization since that resolution’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 provide an entire, enterprise-grade, turnkey cloud enablement platform with totally built-in orchestration and a single level of administration.”
Service Providers Want Simplicity, Automation and Choice
Service suppliers demand simplification and automation in container and cloud administration. Jelastic has been offering a confirmed production-ready platform to cowl these wants for years. The acquisition permits tighter integration and seamless enhancements.
In addition, service suppliers require a wider set of merchandise to provide to finish customers. “Freedom of alternative” is the core mantra that runs all through the Jelastic ecosystem. Customers can select varied options and providers, various kinds of workloads and administration by means of 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 prospects,” mentioned Jelastic CEO Ruslan Synytsky. “Our joint companions will profit from this acquisition since collectively we grow to be a one-stop 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.”
Platform-as-a-Service Market Shows Strong Growth
In 2022, the PaaS market is estimated to be price roughly $71 billion U.S. {dollars} primarily based on Gartner research. Cloud providers (resembling PaaS) are anticipated to develop by a excessive margin at round 27%.
The elevated adoption of PaaS amongst service suppliers is pushed by the end-users’ demand for entry to easy-to-manage, excessive performing and scalable options.
By buying Jelastic, Virtuozzo might help its service supplier companions obtain excessive ROI by each attracting new end-users and retaining current prospects by means of enabling XaaS use instances, offering extra superior automation and simplifying their very own DevOps processes.
Business as Usual
Business continues as standard, with Jelastic now working as a division of Virtuozzo—underscoring the worth in Jelastic’s model and applied sciences. Ruslan Synytsky has been appointed to Chief Technology Officer of Virtuozzo.
Integration of Jelastic’s gross sales and advertising and marketing groups will develop Virtuozzo’s worldwide footprint and model visibility; and integration of Jelastic’s engineering assets will allow Virtuozzo to speed up its full stack providing and supply a richer expertise throughout a number of cloud suppliers.
Terms of the transaction weren’t disclosed.
About Jelastic
Jelastic is a Multi-Cloud DevOps PaaS for ISVs, telcos, service suppliers and enterprises needing to pace up improvement, cut back price of IT infrastructure, enhance uptime and safety. The platform automates creation, scaling, clustering and safety updates of cloud-native and conventional purposes. Jelastic has a singular pay-as-you-use pricing mannequin and is accessible as public, personal, hybrid and multi-cloud in additional than 100 information facilities worldwide. The platform helps Java, PHP, Ruby, Node.js, Python, .NET, Go environments, in addition to Docker and Kubernetes clusters.
About Virtuozzo
Virtuozzo (www.virtuozzo.com) is a number one, world supplier of hybrid virtualization, storage, and cloud enablement software program options. The Company’s software-defined, hyperconverged self-service platform and useful resource administration capabilities allow internet hosting and repair suppliers to present end-customers with private and non-private cloud providers. Virtuozzo is an trade pioneer who developed the primary commercially out there container know-how 21 years in the past. The Company offers software program options and providers to over 750 service suppliers worldwide. A major drive within the open-source neighborhood, Virtuozzo sponsors and/or is a contributor to quite a few open-source tasks together with KVM, Docker, OpenStack, OpenVZ, CRIU, and the Linux kernel.
https://www.businesswire.com/information/dwelling/20211005005403/en/Virtuozzo-Acquires-Jelastic-Business-to-Offer-First-Full-Stack-Cloud-Management-Solution-for-Service-Providers
