According to Techcrunch Citrix Systems is buying Cloud.com for between $200 million and $250 million. The deal should be announced within the hour. Cloud.com gives companies their own private EC2-like infrastructure. The team has built the company in just a few years, boasting massive clients with demanding infrastructure needs like Zynga, Tata, and other huge undisclosed tech names. Cloud.com was funded by Redpoint Ventures, Nexus Capital and Index Ventures.
Citrix Changes the Game in Cloud Infrastructure with Cloud.com Acquisition
Market Leading Cloud.com Platform Lets Customers Build Clouds the Way the World’s Most Successful Clouds Are Built
Citrix Systems has acquired Cloud.com, a market leading provider of software infrastructure platforms for cloud providers. The company’s innovative CloudStack™ product line helps providers of all types deploy and manage simple, cost-effective cloud services that are scalable, secure, and open by design. This acquisition further establishes Citrix as a leader in infrastructure for the rapidly growing cloud provider market.
The transition from the PC Era to the Cloud Era is expected to fuel a massive build out in cloud infrastructure, creating a new market projected to exceed $11 billion by the end of 2013, according to industry analystsi. This market will feature thousands of providers of all shapes and sizes, offering a vast array of new cloud services ranging from business, infrastructure and development offerings, to consumer, mobile and gaming services. Most of the clouds that service this market will look nothing like traditional enterprise datacenters. They will run on radically different platforms purpose-built for cloud computing – platforms designed from the ground up to deliver multi-tier, multi-tenant services in the simplest and most cost-effective way. The world’s largest and most successful public clouds are all built this way today.
The Cloud.com product line is not a traditional enterprise server virtualization platform with cloud management layered on top. It is a powerful, hypervisor-agnostic solution designed from the ground up to help providers build clouds the way the world’s largest and most successful public clouds are built – simple, automated, elastic, scalable and efficient. This proven approach has helped Cloud.com customers around the world roll out new cloud services up to 50 times faster, at one fifth the cost of alternative solutionsii.
With the addition of Cloud.com, Citrix now offers a complete portfolio of virtualization, orchestration and networking solutions purpose built for the Cloud Era — solutions that are not only among the market leaders individually, but also designed to help customers avoid vendor lock-in by letting them use the hardware, software, management products and service providers of their choice.
Christian Reilly – will be joining Citrix as their new Chief Cloud Architect in the Citrix Cloud Platforms product group… and the newest member of the Citrix CTO Office!