Story image

Nutanix announces second acquisition this month

14 Mar 2018

​Nutanix has entered into a definitive agreement to acquire Netsil, a start-up company that provides application discovery and operations management in modern distributed cloud environments.

The closing of the acquisition is subject to the satisfaction of customary closing conditions.

The company is certainly on a roll after earlier this month reporting very healthy figures for the second quarter of 2018, with revenues of US$286.7 million and growth rates of 44 percent year-over-year.

And it was only last week that Nutanix announced the acquisition of another business, Minjar, a company known for its Botmetric offering that provides customers with unified cost control and enhanced visibility into their workloads running in public clouds.

Nutanix chief product and development officer Sunil Potti says the technology from Netsil contributes to Nutanix’s overall package.

“Netsil’s innovative technology offers an original approach to simple yet comprehensive application discovery and operations management across multiple cloud environments and will be a powerful addition to Nutanix,” says Potti.

“Netsil, which can be consumed as a cloud-based service, and when combined with Nutanix Enterprise Cloud OS software, gives both DevOps and IT teams the power to quickly deploy and operate applications with confidence, in any cloud, at any scale, while ensuring reliability, performance and security.”

Nutanix says the increasing adoption of multi-cloud platforms has caused a rise in complexity and inconsistent approaches to operations management, effectively leaving application owners in the dark.

Despite today’s businesses relying on applications that interact with thousands of services, Nutanix says IT administrators and DevOps teams struggle with the insight and control they need to map dependencies or monitor real-time application behaviour.

The growing popularity of microservices and containers has made understanding all of the dependencies and the need for visibility critical – which is how Nutanix justifies its acquisition of Netsil.

Based in San Francisco, Netsil is the maker of the Netsil Application Operations Centre that aims to help enterprises gain complete visibility into all of their applications and services and interdependencies with no code changes required.

Nutanix says that as a result, development and operations teams are able to ensure uptime, software quality and safer deployments, and meet their service level objectives (SLOs). The Netsil technology will be added to the Nutanix Enterprise Cloud OS software to help customers secure applications as well as identify and fix performance issues.

“Joining Nutanix gives Netsil’s technology a great opportunity to be a force multiplier,” says Netsil CEO and founder Harjot Gill.

“Nutanix has built a very solid Enterprise Cloud OS platform, which when combined with Netsil’s real-time observability, becomes even more strategic when addressing a growing microservices market. We are really happy to be joining a company where Netsil’s capabilities will be used to their fullest.”

Netsil customers can expect further communication from Nutanix following the closing of the acquisition.

Cloud application attacks in Q1 up by 65% - Proofpoint
Proofpoint found that the education sector was the most targeted of both brute-force and sophisticated phishing attempts.
Huawei picks up accolades for software-defined camera ecosystem
"The company's software defined capabilities enable it to future-proof its camera ecosystem and greatly lower the total cost of ownership (TCO), as its single camera system is applicable to a variety of application use cases."
Gartner: Good talent put off by old tech
Technology now ranks in the top ten reasons Australian employees will leave their current role, according to Gartner’s 4Q18 Global Talent Monitor.
App downtime costs businesses over $700k per event
One hour of business-critical application downtime can cost larger companies $144,062.52 per hour, with an average repair time of over five hours.
Why application downtime costs Aussie businesses more than $762,000 on average
“These findings highlight the critical need for all Australian businesses to ensure ongoing monitoring of applications."
How AI is changing the medical industry
With NVIDIA Clara, developers can speed up their medical imaging applications and implement AI.
The Data Literacy Project expands its library of free courses
Upskilling the workforce in data literacy is fundamental to unlocking business growth.
Digital experience managers, get excited for Adobe Summit 2019
“Digital transformation may be a buzzword, but companies are trying to adapt and compete in this changing environment.”