Virtustream, Inc.,
a leading cloud solutions provider, today announced that it has entered
into a definitive agreement to acquire Enomaly, Inc. Terms of the deal
were not disclosed, and the deal is expected to close in Q1 of 2012.
Enomaly
is credited with pioneering the first cloud brokerage, SpotCloud, which
provides a marketplace for buyers and sellers to exchange available
compute and storage capacities. Virtustream will make two key
enhancements to SpotCloud. First, the company will delay the production
launch of SpotCloud 1.0, which is currently in beta release with
thousands of registered users, so as to enhance its robustness and
security. Secondly, Virtustream will significantly enhance SpotCloud's
workload exchange with the xStream Infrastructure Unit (IU). The
IU, invented and patented by Virtustream, is a cloud atomic element - an
extensible container of compute, memory, bandwidth and IOPS, smaller
than a virtual machine, which enables highly efficient cloud management
for customers and industry leading service level guarantees.
Along
with these upgrades, Virtustream will continue to support released
versions of Enomaly's software products. Furthermore, the company will
also integrate specific components of SpotCloud into its future product
suite, which will include a trusted exchange for clients looking for
business-class cloud federation using the xStream cloud ecosystem. Virtustream's xStream
cloud platform is available today and includes off-premise virtual
private cloud services, off-premise public cloud services and on-premise
private cloud enablement software.
Another
key driver of the acquisition is the acceleration of Virtustream's
expansion into the Asia Pacific region. Earlier in the year,
Virtustream announced a strategic partnership with XYBASE to drive cloud
computing adoption in Southeast Asia, including Malaysia, Indonesia and
Thailand. With the acquisition of Enomaly, the company will quickly
expand its distribution into China.
"Enomaly
has gained its most significant market traction in AsiaPac,
specifically China," said Rodney Rogers, chairman and CEO of
Virtustream. "This acquisition allows us to leverage their customer base
in this region and to expand upon it by bringing these customers a much
broader capability set with the xStream Cloud Platform."
"We
have talked to every emerging player in the space and believe
Virtustream has both the IP and the people to be the leader in cloud
technology solutions geared for the complex enterprise," said Reuven
Cohen, founder and CTO of Enomaly. "We are very excited to be joining the team."