NetApp, a cloud-led, data-centric software company, today announced that it has signed a definitive agreement to acquire CloudCheckr, a cloud optimisation platform that provides cloud visibility and insights to lower costs, maintain security and compliance, and optimise cloud resources. Financial details of the transaction were not disclosed.
As private and public sector organisations together with managed service providers have deepened investments in cloud services over the last few years, cloud cost has emerged as an obstacle to a company’s acceleration to cloud.
This acquisition extends Spot by NetApp’s leading FinOps offerings by combining critical cost visibility and reporting from the CloudCheckr platform with continuous cost optimisation and managed services from Spot by NetApp.
Bringing these capabilities together will enable organisations to better understand and continuously improve their cloud resources and realise the benefits of cloud faster and at scale, the company said.
NetApp continues to invest in the innovation and growth of the Spot by NetApp portfolio as a core component of its cloud strategy. The acquisition of CloudCheckr complements and expands the Spot by NetApp portfolio to create an industry leading suite of CloudOps services, and builds on the company’s recent acquisition of Data Mechanics.
With CloudCheckr, the Spot by NetApp portfolio is said to offer comprehensive cost visibility, analytics, management, and optimisation to help enterprises and managed service providers continuously control their cloud infrastructure resources.