Flexera Software has acquired RightScale for an unknown amount. With the acquisition, the company says it wants to help enterprises avoid spending too much money on the cloud. That’s what Silicon Angle reports.
Flexera is a provider of software asset management, which sells tools to help enterprises automate tasks. These are tasks that are necessary for the maintenance of software licenses. The company’s tools allow enterprises to understand and control the software they have, as well as reduce software costs and comply with license agreements.
RightScale is a platform provider for cloud management and cost optimization. The company sells tools that allow enterprises to manage their resources and services across various public and private clouds. It also offers a cloud cost management service called Optima, which is sold as a standalone product.
With the acquisition, RightScale’s tools must be integrated into a cloud management platform. Customers of Flexera would have asked for this. It is expected to offer “full spend optimization” for on-premises, infrastructure-as-a-service, platform-as-a-service and software-as-a-service. It can also use RightScale’s tools to automate actions based on analyses of the client’s software.
“We’re very excited about this acquisition. It’s a transformation for us and our customers,” said Jim Ryan, CEO of Flexera. “60 percent of the IT budget is spent on software, hardware and the cloud. Expenditure on the public cloud is growing rapidly and our customers have been very clear about their desire to manage public cloud costs with Flexera.”This news article was automatically translated from Dutch to give Techzine.eu a head start. All news articles after September 1, 2019 are written in native English and NOT translated. All our background stories are written in native English as well. For more information read our launch article.