Bessemer sees blockchain, serverless and APIs influencing the cloud arena in 2018

Serverless computing, APIs and blockchain are all going to shape the cloud landscape in 2018 and beyond, according to the latest State of the Cloud report from Bessemer Venture Partners.

The influential annual report, the fourth of its kind, takes a look at the state of investments, IPOs and future trends in the cloud realm. The cloud IPO market recovered somewhat in 2017 compared to 2016’s slump, with Okta, Cloudera and MongoDB among the companies taking the plunge – yet...

By James Bourne, 09 February 2018, 0 comments. Categories: Containers, Economy, Infrastructure, M&A, Research.

Red Hat acquires CoreOS for $250 million to boost container play

Red Hat has announced the acquisition of CoreOS, a provider of Kubernetes and container solutions, for $250 million (£176.5m).

The move will help Red Hat ‘further its vision of enabling customers to build any application and deploy them in any environment with the flexibility afforded by open source’, as the company put it. “We believe this acquisition cements Red Hat as a cornerstone of hybrid cloud and modern app deployments,” said Paul Cornier, Red Hat president of products...

By James Bourne, 31 January 2018, 0 comments. Categories: Applications, Containers, M&A, OpenSource, Platform.

Amazon Web Services acquires advanced threat platform provider Sqrrl

Amazon Web Services (AWS) has acquired Sqrrl, an advanced threat detection platform provider, according to an announcement from the latter.

A statement from Mark Terenzoni, CEO of Sqrrl, explained: “We’re thrilled to share that Sqrrl has been acquired by Amazon. We will be joining the Amazon Web Services family, and we’re looking forward to working together on customer offerings for the future.”

Sqrrl offers a ‘threat hunting’ platform which combines technology...

By James Bourne, 29 January 2018, 0 comments. Categories: Amazon, M&A, Security.

Snowflake and Tigera secure funding for data warehousing and cloud app connectivity

A couple of interesting cloudy companies who have raised capital in recent days; Snowflake Computing has closed $263 million in growth funding, while Tigera has secured an additional $10 million in funding.

Snowflake Computing, based in San Mateo, offers cloud-based data warehousing. The company aims to help organisations made their data more easily available and actionable in the cloud, with three claimed elements to help it: a unique architecture to provide complete elasticity, a database engine that...

By James Bourne, 29 January 2018, 0 comments. Categories: Data & Analytics, Data Management, Infrastructure, M&A.

Deloitte acquires cloud migration platform provider ATADATA

Updated Deloitte may be best known in the cloud industry for its forecasts and reports – but the consulting firm is making waves of its own with the acquisition of cloud platform provider ATADATA.

ATADATA offers a migration and mapping service across almost any infrastructure one cares to think of, from Amazon Web Services (AWS) to Google Cloud, Oracle and VMware, with the company claims to be the only platform which can migrate SAP to AWS and Google.

Last year saw the launch of ATAsphere, certified by AWS,...

By James Bourne, 26 January 2018, 0 comments. Categories: M&A, Migration, Platform.

Cisco announces intention to acquire Skyport Systems in hyperconverged play

Cisco has announced its intent to acquire Skyport Systems, a provider of hyperconverged infrastructure (HPI) and cloud-managed secure virtualisation.

The company, based out of Mountain View, has an offering which aims to converge security and infrastructure and be secure by design. The company claims its ‘continuously validated’ security platform enforces capabilities needed to avoid 85% of targeted cyber-attacks.

In a brief...

By James Bourne, 25 January 2018, 0 comments. Categories: Infrastructure, M&A, Security.

Veeam acquires AWS backup provider N2WS for $42.5 million

The band is getting together again at Veeam – to a point. The Swiss-based backup software provider has announced the acquisition of N2WS, a company specialising in Amazon Web Services (AWS) backup and disaster recovery, on whose board sits Veeam co-founder and former CEO Ratmir Timashev.

The deal, for $42.5 million (£30.8m), will see N2WS remain as a standalone company, with the firm being branded as ‘A Veeam Company’ going forward.

Founded in 2012, N2WS offers a cloud-native backup...

By James Bourne, 16 January 2018, 0 comments. Categories: Data Management, Disaster Recovery, Infrastructure, M&A.

Veeam on target for billion dollar status after posting latest financial results

Cloud backup software provider Veeam says it is “well-poised” to become a billion dollar software company by the end of 2018 after posting $827 million (£611m) in total bookings revenue for 2017.

The Swiss-based company said it secured more $500,000-plus deals in 2017 than in the previous six years combined, taking its total number of customers to 282,000. Deals which were $1 million and above saw 500% growth in 2017.

Customers include more than half (57%) of the Forbes Global 2000, the company added,...

By James Bourne, 10 January 2018, 0 comments. Categories: Data & Analytics, Data Management, Economy, M&A.

SolarWinds acquires Loggly to strengthen its cloud portfolio

SolarWinds, an IT management software provider, has announced the acquisition of software as a service (SaaS) firm Loggly to deepen its cloud software engineering and analytics expertise.

Loggly, founded in 2009, offers a SaaS-based, unified log monitoring and log analytics product. The company has received six funding rounds in total, the most recent being a series D of $11,500,000 (£8.5m) in June 2016. The company was named

By James Bourne, 09 January 2018, 0 comments. Categories: M&A, SaaS , Security, Software.

Data centre 2017 M&A deals beat 2015 and 2016 combined totals, says Synergy Research

The appetite for data centre deals in 2017 increased dramatically, with 48 transactions at $20 billion overall, according to Synergy Research.

The total surpasses those of 2015 and 2016 combined, which produced 45 deals – 28 in 2016 and 17 in 2015 – at just over $15bn. What’s more, Synergy adds, 2018 will start with $2.6bn of deals which have been agreed but are yet to close. In this category, for instance, would be Equinix’s planned acquisition of data centre provider Metronode for $1.035bn AUD...

By James Bourne, 03 January 2018, 0 comments. Categories: Data Centres, Data Management, M&A, Vendors.

Oracle acquires Aconex and Equinix buys Metronode in boost to Australian cloud operations

(c)iStock.com/MarkRubens

The upcoming holiday season certainly seems to have brought some festive cloudy cheer in one corner of the world, with two Australian cloud and data centre companies being acquired by Oracle and Equinix respectively.

Aconex, a Melbourne-based cloud software provider which aims to manage teams in the construction industry, has been bought by Oracle for $1.2 billion US (£899m) to create ‘the world’s most comprehensive cloud offering for managing all aspects of...

By James Bourne, 18 December 2017, 0 comments. Categories: Data Centres, Enterprise, Infrastructure, M&A, Software.

Cisco to acquire Cmpute.io to help companies ease multi-cloud deployments

Cisco has announced its intention to acquire Cmpute.io to help organisations get the most out of their multi-cloud deployments.

The acquisition, which is expected to close in the second quarter of Cisco’s 2018 fiscal year, was announced on Cisco’s blog, with Rob Salvagno, head of Cisco’s M&A and venture investment team, writing that the addition of Cmpute.io’s technology will “help customers optimise their cloud...

By James Bourne, 11 December 2017, 0 comments. Categories: Applications, Hybrid, M&A, Private, Public.

Skyhigh Networks snapped up by McAfee to combine endpoint and cloud security expertise

McAfee is acquiring cloud security provider Skyhigh Networks with the aim of ‘establishing the leading company to provide the cybersecurity architecture of the future.’

Skyhigh, alongside other organisations such as Netskope, is in the ‘cloud access security broker’ (CASB) space, defined by Gartner as “on-premises, or cloud-based security policy enforcement points, placed between cloud service consumers and cloud service providers to combine and interject enterprise security...

By James Bourne, 27 November 2017, 0 comments. Categories: M&A, Security.

Datto merges with Autotask aiming to create the largest vendor in the managed services space

Data protection solutions provider Datto has announced it is to be acquired by Vista Equity Partners, with the company being merged with IT business management provider Autotask, another horse in Vista’s stable.

The move is a large one in the managed service provider (MSP) space, with the companies in their own words ‘creating the only complete, global IT business management and business continuity platform built exclusively for MSPs.’

Datto offers business continuity, backup and disaster...

By James Bourne, 27 October 2017, 0 comments. Categories: Data Management, Disaster Recovery, M&A.

Google Cloud acquires Bitium for greater identity and access management

Google Cloud has beefed up its identity and access management game with the acquisition of Bitium, a Santa Monica-based firm.

Bitium, founded in 2012, offers a variety of identity management features, including secure access, user provisioning and deprovisioning, app management and single sign on.

In a short blog post confirming the news, Karthik Lakshminarayanan, director of product management for G Suite and Cloud Identity, said the move will...

By James Bourne, 27 September 2017, 0 comments. Categories: M&A, Security, Software.

MongoDB sets up to go public, reveals $101m yearly revenues in filing

Database provider MongoDB has filed to go public, confirming reports from a month previously and potentially becoming the third major cloud IPO of 2017 after Okta and Cloudera.

The SEC filing, available to view here, shows MongoDB made $101.4 million in total revenues in the year ending January 31 2017, up 55% from the previous year’s $65.3m, which was up 37% from 2014-15’s $40.8m. Despite total gross profit of $71.4m, total...

By James Bourne, 22 September 2017, 0 comments. Categories: Data & Analytics, Developers, Economy, M&A.

Rackspace acquires Datapipe to further bolster managed services play

Rackspace has announced it is to acquire managed service provider Datapipe in what is being touted as the ‘biggest acquisition by far’ in the company’s history.

The company added it would make Rackspace the world’s leading provider of multi-cloud managed services, managed public cloud services across all the hyperscale infrastructure vendors, and – by a larger margin – the managed hosting and private cloud market.

“As we’ve learned more about one another,...

By James Bourne, 12 September 2017, 0 comments. Categories: Infrastructure, M&A.

Cloudera and Okta bang drum for cloud IPOs with positive Q2 financial results

As companies make a move for their initial public offering (IPO), the investor page goes up, the bell gets rung on the NYSE, and, perhaps most importantly, their financial results have to be displayed for all to see.

Cloudera and Okta, two companies who declared their intentions to go public within weeks of each other in April, have announced their second quarter 2018 financial results, with both companies beating expectations.

Cloudera, a big data software provider, announced total revenues of $89.8 million...

By James Bourne, 08 September 2017, 0 comments. Categories: Big Data, Data & Analytics, Economy, Infrastructure, M&A.

HPE to acquire Cloud Technology Partners to bolster consulting services

Hewlett Packard Enterprise (HPE) has announced it is to acquire Cloud Technology Partners (CTP) to extend its cloud consulting presence and beef up its hybrid IT capabilities.

Cloud Technology Partners, whose SVPs include renowned thought-leader David Linthicum, have specialisms in a variety of environments, including Amazon Web Services (AWS) – the company announced it had achieved AWS security competency in June – and Google Cloud’s application development specialisation. The company was...

By James Bourne, 05 September 2017, 0 comments. Categories: Hybrid, M&A, Migration.

Microsoft acquires Cycle Computing to bolster high performance computing on Azure

Microsoft has announced the acquisition of Connecticut-based Cycle Computing to help provide easier access to high performance computing (HPC) in Azure.

Cycle has been in business since 2005 and provides orchestration software running both off the primary public cloud providers as well as in private cloud environments. Its core tenet is that ‘greater access to compute enables people to ask bigger questions, faster answers and a better world’, in the company’s own words.

According to the...

By James Bourne, 16 August 2017, 0 comments. Categories: Big Data, Infrastructure, M&A, Microsoft.