NEWS
NEWS
NEWS
EMC Corp. federation member Pivotal Software Inc. has swooped to buy U.K.-based startup CloudCredo Ltd. for an undisclosed fee.
CloudCredo describes itself as a leading Cloud Foundry services provider and consultant, and boasts of having numerous “experts” in the platform who will now join up with Pivotal’s team to enhance its own offering. CloudFoundry is the open-source software platform for building cloud-based applications that can run on both private and public clouds.
The deal is also said to include StayUp.io Ltd., a log analysis firm that’s partly owned by CloudCredo and has built its software atop of the Cloud Foundry platform. Both companies will be folded into Pivotal with their employees also joining the U.S. firm, although CloudCredo will continue to operate from its London base and service existing customers for the time being.
The acquisition not only gives Pivotal some considerable talent in the Cloud Foundry space, but also a base of operations in Europe as well as CloudCredo’s clients.
“CloudCredo has really been a thought leader in the Cloud Foundry space,” said Leo Spiegel, senior vice president for corporate development and strategy at Pivotal, in an interview with TechCrunch.
Spiegel explained that it was the combination of people, technology, customer base and skillset at CloudCredo that persuaded Pivotal to buy. He added that CloudCredo was designed and built using Pivotal’s Cloud Foundry as a model, and so the acquisition and integration should go much more smoothly than normal.
“Joining Pivotal allows us to operate at a global scale, overnight, and help the world’s largest and most admired brands use software to transform their businesses and make an impact on the world,” said Colin Humphreys, CloudCredo boss, in a statement.
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