NetApp looks to further expand its cloud financial operations portfolio with its acquisition of CloudCheckr, a Rochester, New York-based software company that offers a total visibility cloud management platform to entities seeking to optimize their cloud infrastructure.
Upon the completion of the CloudCheckr purchase, the Spot by NetApp portfolio will include cloud resource analytics, cost visibility, management and optimization capabilities for managed service providers and organizations, NetApp said Monday.
Spot by NetApp is established to automate and enhance efficiency of cloud computing infrastructure to help users ensure scalability and availability of cloud resources and lower compute costs.
Anthony Lye, executive vice president and general manager of NetApp’s public cloud services business, said CloudCheckr will add cost management capabilities as well as cloud billing analytics, compliance and security to the company’s cloud operations platform.
“This is a critical step forward in our FinOps strategy,” he added.
NetApp and CloudCheckr have signed a definitive agreement for the transaction, whose details are not disclosed.
The acquisition is part of NetApp’s cloud strategy and follows its recent purchase of Data Mechanics, a managed platform provider for big data processing and cloud analytics.