NetApp to buy Cloud open source database provider Instaclustr
By CEOInsights Team, 0
“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, Cloud Checkr, Data Mechanics Fylamynt and now Instaclustr. “Instaclustr delivers fully managed open-source solutions that give companies increased productivity and reduced cost”, said Peter Lilley, CoFounder & CEO 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.
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
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.