NetApp has signed a definitive agreement to acquire Instaclustr, a platform provider of fully managed open source database, pipeline and workflow applications delivered as a service. The acquisition is subject to customary closing conditions.
NetApp CEO George Kurian continues, "NetApp has long been a leader in solutions enabling customers to run applications.
"The acquisition of Instaclustr will combine NetApp's established leadership in continuous storage and compute optimisation with Instaclustr's fully-managed database and data pipeline services to give customers a cloud operations platform that provides the best and most optimised foundation for their applications in the public clouds and on premises."
The acquisition of Instaclustr builds on a series of strategic acquisitions made by NetApp to deliver a leading best-of-suite platform for CloudOps.
NetApp's strategic acquisitions including Spot, CloudCheckr, Data Mechanics, Fylamynt and now Instaclustr have helped to build Spot by NetApp into a platform for applications on one cloud and across multiple clouds.
It includes continuous optimisation, automation, monitoring and security, and offers expertise in deploying and operating open source applications, all delivered as a service, on public and private clouds.
On the importance and inclusion of Instaclustr, CEO and co-founder Peter Lilley says, "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. 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 organisations 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 minimising operations burdens," Lilley says.
NetApp executive vice president and general manager public cloud services Anthony Lye comments, "As companies race to modernise 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.
"Instaclustr does just that and will be a significant addition to our Spot by NetApp portfolio, solving common challenges of cloud complexity, cost overruns, single vendor lock-in, and customers' lack of internal technical resources. The acquisition marks a critical advancement in our strategy to run application driven platforms and infrastructures."
Instaclustr CTO and co-founder Ben Bromhead concludes, "From a technology and product perspective, NetApp's powerful infrastructure solutions pair perfectly with Instaclustr's data-layer-as-a-service solutions and services.
"For enterprise customers operating applications in the public cloud or on-prem, NetApp and Instaclustr's combined platform will offer an unparalleled solution for overcoming cloud complexities while eliminating vendor lock-in risks and the high costs of building and maintaining that same expertise internally."