Nutanix to acquire Minjar, to bring more reliability to multi-cloud management
Nutanix, Inc., a leader in enterprise cloud computing, on Friday announced that it has entered into a definitive agreement to acquire Minjar, Inc. Minjar is the maker of Botmetric, a service that provides customers with unified cost control and visibility into their workloads running in public clouds.
Size of the deal is currently undisclosed. The companies also noted that the closing of the acquisition is subject to the satisfaction of customary closing conditions.
Story so far
Minjar was founded in 2012 by Anand Anand, Prashant Gyan, and Vijay Rayapati. Botmetric, along with Minjar’s other cloud solutions SmartAssist Assurance and SmartAssist Managed Cloud, helps enterprises embrace the cloud effectively and optimise their multi-cloud environments for performance and cost.
Minjar counts Blume Ventures and Emergent Ventures along with a few angel investors among its backers. In a blogpost, Vijay, CEO at Minjar, said,
We started Minjar with a simple mission of delivering intelligent solutions for cloud management. From day one, we were focused on delivering this promise through smart technology via many product experiments, and have accelerated it with the launch of Botmetric platform based on our deep expertise in public cloud management solutions through Minjar.
Unused public cloud workloads running in the public cloud that are better suited for the private cloud could cause large, unnecessary costs for organisations spending millions of dollars on the cloud. This could be better spent on business-driving activities.
As companies continue to leverage multiple cloud platforms within their broader infrastructure deployments, managing these deployments to avoid waste is critical, and spend management and cost containment are top priorities.
Through the Minjar acquisition, the Nutanix Enterprise Cloud OS will offer customers new capabilities to better manage their multi-cloud deployments.
How Botmetric enhances Nutanix and vice-versa
Once the acquisition closes, Nutanix plans to use Minjar’s technology to bolster its Nutanix Calm automation and lifecycle management product, as well as Xi Cloud Services, a native extension to the Nutanix Enterprise Cloud OS software.
In a separate blogpost, Nutanix representatives noted,
With our prior acquisition of Calm.io, integration of the Calm product and ultimate release of Nutanix Calm, we then started on the expansion into the public cloud realm in order to bring multi-cloud provisioning and orchestration capabilities to our customers, with an applications-first mindset.
Nutanix Calm will take advantage of Botmetric’s cloud management platform, helping customers reduce costs, save time and bring reliability to multi-cloud management.
Integrated with Nutanix Calm, Botmetric can increase visibility into the cost of cloud deployments across multiple platforms, allowing enterprises to optimise which workloads run in which cloud. It will also offer a real-time scan for cloud compliance designed to find risks and security violations, so that companies can identify and resolve potential cloud security threats before they turn into business challenges.
Minjar’s public cloud expertise will also help accelerate and strengthen Nutanix Xi Cloud Services by streamlining and enhancing the customer experience.
Sector overview
Data from 451 Research shows that the future of IT is multi-cloud and hybrid, with 69 percent of respondents planning to have some type of multi-cloud environment by 2019. Yet the growth in multi and hybrid cloud will make optimising and analysing cloud expenditure increasingly difficult.
Sunil Potti, Chief Product and Development Officer, Nutanix, said “As one of the earliest partners to the leading public clouds, the experience and insights garnered from multiple cloud-native deployments have enabled Minjar to build a robust offering in Botmetric."
He also noted that Minjar’s customer focus and philosophy of one-click simplicity is well aligned with their own, and hence Nutanix is looking forward to offering their customers the full breadth of Minjar’s multi-cloud capabilities while deeply integrating them into Nutanix's Enterprise Cloud OS.
Vijay Rayapati, Co-Founder and CEO of Minjar, said,
As companies increasingly rely on the public cloud as part of their critical infrastructure, it’s imperative that they have full visibility into the cost, reliability and security of that infrastructure so that they can effectively manage and automate which workloads run where to maximize performance and ROI.