Virtuastream, which is known
as an infrastructure-as-a-service provider, has announced that it is acquiring
Enomaly. Enomaly makes SpotCloud
technology which enables on-demand compute services from providers that have
excess capacity, often at discounted prices.
SpotCloud makes it possible for Enomaly to expand beyond its other
business, which is providing software for constructing public clouds. Terms of the deal were not disclosed and it
is anticipated that the deal should close sometime in Q1 of 2012.
Virtustream foresees using the
SpotCloud technology to establish a buy/sell exchange for enterprises to make
available unused cloud capacity from their own private clouds. Such an exchange provides benefits to the
seller with excess servers as well as to buyers that need to handle traffic
generated spikes. "What we're
hearing [from customers] is an outreach for products that allow them to
maximize the use of their own physical assets on premise and also enjoy the
benefits of the economics of multitenancy, because no matter how scalable you
are, if you're not using capacity you're still paying for it," Kevin Reid,
CEO of Virtustream, stated.