NetApp to acquire Cloud open source database provider Instaclustr

AgenciesUpdated: Friday, April 08, 2022, 03:42 PM IST
article-image
The acquisition of Instaclustr builds on a series of strategic acquisitions made by NetApp to deliver a leading best-of-suite platform for CloudOps. / Representational Image |

Leading Cloud firm NetApp is acquiring Instaclustr, that operates open source databases in the cloud, for an undisclosed sum.

Modern Cloud applications rely on a growing set of foundational services including multiple open-source databases, data pipelines and workflow solutions.

The acquisition of Instaclustr builds on a series of strategic acquisitions made by NetApp to deliver a leading best-of-suite platform for CloudOps, it said in a statement late on Thursday.

"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, CloudCheckr, Data Mechanics Fylamynt and now Instaclustr.

"Instaclustr delivers fully managed open-source solutions that give companies increased productivity and reduced cost," said Peter Lilley, CEO and Co-founder 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.

(With inputs from IANS)

(To receive our E-paper on whatsapp daily, please click here. To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

Iranian police use teargas to disperse crowd protesting over building collapse that left 28 dead

Iranian police use teargas to disperse crowd protesting over building collapse that left 28 dead

Chelsea takeover imminent after final agreement reached

Chelsea takeover imminent after final agreement reached

Mumbai: Latest Updates - Maharashtra HM Walse Patil demands action against ex-NCB official Sameer...

Mumbai: Latest Updates - Maharashtra HM Walse Patil demands action against ex-NCB official Sameer...

Yasin Malik jailed for life: India slams OIC-IPHRC's stand on Kashmir separatist's life term

Yasin Malik jailed for life: India slams OIC-IPHRC's stand on Kashmir separatist's life term

Rajasthan: 'CM will make the right decision', says Ashok Chandna after meeting Ashok Gehlot

Rajasthan: 'CM will make the right decision', says Ashok Chandna after meeting Ashok Gehlot