Virtuozzo Acquires Jelastic Business to Offer First Full-Stack Cloud Management Solution for Service Providers

SCHAFFHAUSEN, Switzerland–(Business WIRE)–Virtuozzo, a high-performance virtualization and hyperconverged infrastructure program leader, these days declared it has acquired the know-how and company of Jelastic, a multi-cloud System-as-a-Service (PaaS) software firm, next a 10-calendar year partnership.

Bringing Jelastic’s system and software administration abilities in-residence completes Virtuozzo’s core technological innovation stack, offering a thoroughly built-in option that supports all relevant anything at all-as-a-provider (XaaS) use cases—from shared internet hosting to VPS to cloud infrastructure, application-outlined storage and software management and modernization.

Virtuozzo gives the initially completely built-in, quick-to-use and price-productive cloud remedy created for Cloud Support Suppliers, Managed Services Vendors, Hosting Assistance Companies and their small and medium-sized small business (SMB) clients. Virtuozzo also allows provider providers increase profitability by delivering a thorough portfolio of expert services and management tools.

Quite a few PaaS vendors target on a single-purpose giving. Jelastic, nonetheless, delivers a strong, multi-intent solution that, via the acquisition, will position Virtuozzo as a robust player in the PaaS industry and additional strengthen Virtuozzo’s situation general in the fast developing cloud expert services area.

“Virtuozzo and Jelastic have been strong associates above the previous 10 yrs for the reason that of our complementary technologies and merchandise,” stated Alex Fine, CEO of Virtuozzo. “Virtuozzo containers have been included into Jelastic’s System-as-a-Services for virtualization considering that that solution’s inception. Together, our engineering teams have co-produced methods to help attributes required by the market place throughout our partnership. And now, with Jelastic signing up for our staff, Virtuozzo can offer a comprehensive, organization-quality, turnkey cloud enablement system with totally integrated orchestration and a one stage of administration.”

Services Providers Want Simplicity, Automation and Alternative

Assistance providers demand from customers simplification and automation in container and cloud management. Jelastic has been furnishing a established manufacturing-all set platform to go over these requires for yrs. The acquisition allows tighter integration and seamless enhancements.

In addition, company suppliers need a broader established of merchandise to offer you to finish end users. “Freedom of choice” is the core mantra that operates all over the Jelastic ecosystem. Clients can select several answers and products and services, different types of workloads and management through an automatic orchestration.

“Our corporations are wholly aligned and deeply realize the worries and options in the assistance service provider business in which Platform-as-a-Support enablement is the vital in the course of action of SaaS-ification and digitalization of its customers,” mentioned Jelastic CEO Ruslan Synytsky. “Our joint companions will benefit from this acquisition considering that with each other we develop into a a person-prevent shop for Anything at all-as-a-Service, earning it less complicated to get whatsoever they require for their users. The joint forces will accelerate the innovation and merchandise development cycles. Together we can increase the bar for the business criteria with the help of our one of a kind technologies that resolve authentic complications of the cloud people.”

System-as-a-Services Marketplace Reveals Sturdy Advancement

In 2022, the PaaS current market is believed to be really worth around $71 billion U.S. bucks centered on Gartner exploration. Cloud solutions (these types of as PaaS) are anticipated to mature by a large margin at all around 27{3e92bdb61ecc35f2999ee2a63f1e687c788772421b16b0136989bbb6b4e89b73}.

The enhanced adoption of PaaS amongst services vendors is driven by the conclude-users’ demand from customers for entry to effortless-to-take care of, large doing and scalable alternatives.

By obtaining Jelastic, Virtuozzo can enable its support provider companions reach higher ROI by both of those attracting new end-end users and retaining present prospects by way of enabling XaaS use scenarios, delivering much more innovative automation and simplifying their have DevOps processes.

Small business as Usual

Company proceeds as normal, with Jelastic now running as a division of Virtuozzo—underscoring the value in Jelastic’s manufacturer and systems. Ruslan Synytsky has been appointed to Chief Technological know-how Officer of Virtuozzo.

Integration of Jelastic’s revenue and marketing teams will expand Virtuozzo’s worldwide footprint and model visibility and integration of Jelastic’s engineering methods will permit Virtuozzo to speed up its entire stack presenting and offer a richer working experience throughout a number of cloud providers.

Conditions of the transaction ended up not disclosed.

About Jelastic

Jelastic is a Multi-Cloud DevOps PaaS for ISVs, telcos, assistance vendors and enterprises needing to pace up enhancement, lower value of IT infrastructure, improve uptime and protection. The platform automates development, scaling, clustering and safety updates of cloud-indigenous and classic programs. Jelastic has a distinctive pay out-as-you-use pricing product and is available as public, non-public, hybrid and multi-cloud in extra than 100 information centers all over the world. The platform supports Java, PHP, Ruby, Node.js, Python, .Internet, Go environments, as properly as Docker and Kubernetes clusters.

About Virtuozzo

Virtuozzo (www.virtuozzo.com) is a leading, world-wide provider of hybrid virtualization, storage, and cloud enablement software methods. The Firm’s computer software-defined, hyperconverged self-support system and source administration abilities permit web hosting and services vendors to present finish-clients with community and non-public cloud solutions. Virtuozzo is an field pioneer who created the initial commercially offered container engineering 21 yrs back. The Enterprise supplies computer software remedies and solutions to above 750 service suppliers worldwide. A substantial drive in the open-resource community, Virtuozzo sponsors and/or is a contributor to a lot of open up-supply jobs including KVM, Docker, OpenStack, OpenVZ, CRIU, and the Linux kernel.