Global, cloud-led, data-centric software company NetApp acquires leading cloud optimization platform CloudCheckr. The companies didn’t disclose the financials of the transaction.
NetApp provides systems, software, and cloud services. It allows its clients to run their applications optimally from the data center to the cloud.
NetApp’s solutions perform across diverse environments. In turn, they allow clients to build their data fabric and deliver the correct data, services, and applications to the right people in a safe manner, anywhere, anytime.
However, according to NetApp, cloud costs have become a barrier for businesses willing to expand their operations. Its latest acquisition addresses this issue. With CloudCheckr’s cloud optimization, NetApp will provide its clients with the needed cloud visibility and insights to reduce their expenses.
CloudCheckr is an
Advanced Technical Partner and has close strategic and technical relationships with and . Thus, NetApp has declared this acquisition a “critical step forward” in its cloud financial operations (FinOps) strategy.Anthony Lye, who serves the role of executive vice president and general manager of NetApp’s Public Cloud Services business unit, had this to say:
Managing costs while accelerating cloud applications is a significant challenge for organizations as they work to maximize the ROI of their cloud investments, all while running at cloud speed. By adding cloud billing analytics, cost management capabilities, cloud compliance, and security to our CloudOps platform through the acquisition of CloudCheckr, we are enabling organizations to deploy infrastructure and business applications faster while reducing their capital and operational costs
.
Better yet, the acquisition will bring NetApp improved capabilities for compliance with different requirements, such as security and optimization of resources.
Lye further added:
This is a critical step forward in our FinOps strategy as well as an acceleration of our overall CloudOps leadership. Simply put, NetApp continues to empower customers to achieve more cloud at less cost.
Today we’ve signed a definitive agreement to acquire @CloudCheckr, a leading cloud optimization platform that provides:
✅ cloud visibility and insights to lower costs
✅ maintain security and compliance
✅ optimize cloud resourcesLearn more: https://t.co/g4tSYzXVCo#NetApp pic.twitter.com/N2oiVBWEHC
— NetApp (@NetApp) October 4, 2021
CloudCheckr is not the first neither the last acquisition of NetApp. Instead, the company has been pursuing an investment strategy for a while, including the purchase of Data Mechanics. In other words, the provider is dedicated to expanding its portfolio.
Tim McKinnon, who serves the role of a CEO at CloudCheckr, had this to say:
The combination of Spot by NetApp and CloudCheckr will create a suite of highly complementary and synergistic multi-cloud infrastructure management solutions for our customers and partners. The CloudCheckr team is thrilled to be joining NetApp and to help advance the company’s leadership in the FinOps space.
The Spot by NetApp portfolio will now offer complete cost visibility, analytics, management, and optimization. In turn, it will enable enterprises and MSPs to govern their cloud infrastructures continually.
