Nutanix to buy Minjar as part of strategy to up Cloud revenue

Nutanix for cloudEnterprise cloud computing company Nutanix is set to acquire Minjar as part of its strategy to enhance Cloud business revenue.

The acquisition of Minjar will enable Nutanix to offer Enterprise Cloud OS to customers to better manage their multi-cloud deployments.

Minjar’s Botmetric service offers unified cost control and enhanced visibility into workloads running in public clouds. Botmetric, along with Minjar’s other cloud solutions SmartAssist Assurance and SmartAssist Managed Cloud, help enterprises embrace the cloud effectively and optimize their multi-cloud environments for performance and cost.

451 Research says 69 percent of respondents are planning to have some type of multi-cloud environment by 2019.

Nutanix plans to use Minjar’s technology to enhance its Nutanix Calm automation and lifecycle management product, as well as Xi Cloud Services. Nutanix Calm will use Botmetric’s cloud management platform, helping IT customers reduce costs, save time and bring reliability to multi-cloud management.

Botmetric integrated with Nutanix Calm can increase visibility into the cost of cloud deployments across multiple platforms, allowing enterprises to optimize which workloads run in which cloud. It will offer a real-time scan for cloud compliance designed to find risks and security violations.

Vijay Rayapati is the co-founder and CEO of Minjar.

“We are looking forward to offering our customers the full breadth of Minjar’s multi-cloud capabilities while deeply integrating them into our Enterprise Cloud OS,” Sunil Potti, chief product and development officer of Nutanix, said.

Nutanix announced revenue reached $286.7 million, growing 44 percent, in its second quarter of fiscal year 2018, ended January 31, 2018. The revenue growth is reflecting the elimination of approximately $14 million in hardware revenue in the quarter as the company executes its shift toward increasing software revenue.

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