Virtuozzo Acquires OnApp, Targets Full IaaS, PaaS For Cloud Solution Providers
‘Employees all of a sudden realized people work from home, at least part time. It’s the same with the IT stack. Why host anything on-prem?’ says Virtuozzo CEO Alex Fine. By Joseph F. Kovar July 20, 2021, 03:25 PM EDT
Cloud infrastructure provider Virtuozzo Tuesday unveiled the acquisition of OnApp, which develops cloud solutions for service providers, as a way to expand its hybrid cloud business.
Financial terms of the deal were not disclosed.
With the acquisition, London-based OnApp will become a division of Schaffhausen, Switzerland-based Virtuozzo, said Virtuozzo CEO Alex Fine.