Enterprise Cloud

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.

Related Link:

http://www.networkworld.com/news/2011/121511-enomaly-buy-to-fuel-new-254130.html