DigitalOcean Holdings, a cloud provider for developers, startups, and SMBs, announces the acquisition of the serverless platform provider, Nimbella, for an undisclosed sum of money.
With this acquisition, DigitalOcean will add a serverless compute offering to complement its IaaS and PaaS offerings, targeting developers in SMBs. Thus, it will expand its capabilities into the rapidly growing function-as-a-service (FaaS) market.
Yancey Spruill, who serves the role of a Chief Executive Officer (CEO) at DigitalOcean, had this to say:
Serverless computing is the next evolution of cloud that further removes the need for developers to manage complex infrastructure. We are excited to have Nimbella join DigitalOcean to address specific needs often requested by our customers and fills a gap in the current serverless offerings in the market. People want to access the benefits of serverless capabilities without a significant learning curve, and they want functionality and pricing that is easy to understand and predictable. Nimbella provides all of this with the same simplicity and open-source software standards that are core value propositions for DigitalOcean.
Please join us in welcoming the talented Nimbella team and technology to DigitalOcean! 💙 🦈 https://t.co/lLn4rv7EKW
— DigitalOcean (@digitalocean) September 7, 2021
Nimbella addresses the challenges developers face in adopting serverless computing. It builds on mature production-ready open source projects, such as Kubernetes and Apache OpenWhisk. Earlier this year, the company was named a Strong Performer in The Forrester Wave: Function-As-A-Service Platforms, Q1 2021.
Serverless computing simplifies the operational complexity in cloud-native environments for application developers. It also allows businesses to cut development costs and increase their productivity while not affecting performance.
Anshu Agarwal, who serves the role of a Chief Executive Officer (CEO) at Nimbella, had this to say:
Our mission has been clear since the beginning – to build a serverless platform that unlocks the power and capabilities of the cloud for developers of all skill sets. This, in turn, allows new applications and APIs to be created faster, more securely, and more economically. Joining DigitalOcean provides us a tremendous opportunity to accelerate this vision. We are looking forward to integrating the Nimbella serverless platform with DigitalOcean’s core services and products and empowering developers and SMBs to build and scale their cloud applications and APIs with the same ease and simplicity they have come to expect from DigitalOcean.
The recent acquisition doesn’t alter DigitalOcean’s financial outlook for 2021. The company aims to completely integrate Nimbella’s serverless service and deliver it under the DigitalOcean brand in the first half of 2022.