Flexera, a company delivering software licensing, compliance and installation solutions for application producers and enterprises, has bought cloud management solutions provider RightScale. This would mean a big leap forward for Flexera in helping solve the issue of cloud services overspend and control. Financial terms of the acquisition were not disclosed.
Founded in 2007, RightScale’s offerings are built as multi-cloud, vendor agnostic solutions that support leading public and private clouds – including Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform, IBM Cloud, OpenStack and VMware vSphere.
The RightScale acquisition would align with Flexera’s “commitment” to deliver the best vendor agnostic solutions to optimize and govern technology investments. In addition, RightScale’s orchestration features can automate actions identified by other Flexera solutions. Flexera counts 1200+ employees who help 80,000+ customers generate millions in ROI every year for the company. Now Flexera gives companies the capabilities they would need to stay in control of all their technology, and maximize cost savings while minimizing risks and vulnerabilities.
“We’re very excited about this acquisition – it’s transformational for Flexera and our customers,” said Jim Ryan, CEO of Flexera. “60 percent of IT’s budget is driven by spend in software, hardware and cloud. Public cloud spend is growing rapidly and our customers have been very clear on their desire to manage public cloud costs with Flexera, just like they do for desktop, datacenter, SaaS and other IT assets.”
Public, Private, Hybrid Cloud Services
The RightScale Cloud Management Platform is a comprehensive solution that enables IT organizations to deliver instant access to a portfolio of public, private, and hybrid cloud services across business units and development teams while maintaining enterprise control. RightScale was named a top solution in Modern Infrastructure‘s 2017 Private/Hybrid Cloud Management awards category, while listed by Forbes in their ‘The Best Enterprise Cloud Computing Startups to Work For in 2015’ category.
“We share Flexera’s commitment to innovation and to delivering products that allow businesses to optimize and control rapidly evolving technology environments,” said Michael Crandell, CEO and co-founder of RightScale. “With Flexera’s investment and leadership in technology asset management, we’re confident we can drive continued growth of our cloud management and cost optimization offerings.”
Read more at Cloud Management Company RightScale Acquired by Flexera on Website Hosting Review.