NetApp to acquire Spot

NetApp, a leader in cloud data services, has announced it has entered into a definitive agreement to acquire Spot, a leader in compute management and cost optimisation on the public clouds, to establish leadership in Application Driven Infrastructure. 

Digital Transformation initiatives have accelerated and remain the top business priority, especially in today’s environment, and the public clouds offer the speed and flexibility needed to navigate this new normal as companies find new ways to work, interact and do business. However, unoptimised clouds can be costly and slow down the business transformation. To address this challenge, an Application Driven Infrastructure translates the application’s workload patterns and drives the best possible level of performance and cost for storage and compute, all done while maintaining the contracted service-level agreement (SLA) and service-level objective (SLO). Together, NetApp and Spot’s Application Driven Infrastructure for continuous optimisation will help customers save up to 90% of their compute and storage cloud expenses, which typically make up 70% of total cloud spending and will help accelerate public cloud adoption.

Anthony Lye, Senior Vice President and General Manager, Public Cloud Services, NetApp, said: “The combination of NetApp’s leading shared storage platform for block, file and object and Spot’s compute platform will deliver a leading solution for the continuous optimisation of cost for all workloads, both cloud-native and legacy. Optimised customers are happy customers and happy customers deploy more to the public clouds.”