Virtuozzo Acquires OnApp, Targets Full IaaS, PaaS For Cloud

Virtuozzo Acquires OnApp, Targets Full IaaS, PaaS For Cloud Solution Providers


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.

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