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NetApp announces intent to acquire Instaclustr

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Techxmedia
NetApp announces intent to acquire Instaclustr

NetApp® announced the signing of a definitive agreement to acquire Instaclustr, a provider of fully managed open-source database, pipeline, and workflow applications delivered as a service. The acquisition is subject to the usual closing conditions.

Modern cloud applications rely on an expanding set of foundational services, such as open-source databases, data pipelines, and workflow solutions. Managing the increasing complexity and operational requirements of these applications and services efficiently adds new challenges to already overburdened infrastructure, database, and operations teams, increasing application integration and delivery costs, slowing application delivery, and limiting application innovation.

“NetApp has long been a leader in solutions enabling customers to run applications,” said George Kurian, CEO at NetApp. “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 to give customers a Cloud Operations platform that provides the best and most optimized foundation for their applications in the public clouds and on premises.”

Data management technology platforms are an increasingly essential priority for today’s modern enterprise as companies look for new ways to accelerate application development for competitive advantage. Instaclustr delivers fully managed open-source solutions that give companies increased productivity and reduced cost,” said Peter Lilley, CEO and Co-founder at Instaclustr.

“Instaclustr’s growth has been driven by the fact that companies want to leverage open-source databases, pipelines, and workflow applications without overwhelming themselves with the complexity and cost of managing and operating them. We are excited for organizations building applications for their multi-cloud and hybrid cloud reality to benefit directly from Instaclustr’s data PaaS solutions along with NetApp and Spot by NetApp’s infrastructure solutions, while minimizing operations burdens.” READ MORE

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