Friday, May 15, 2020

VMware acquires Heptio, the duo's venture that unveils Kubernetes

VMware acquires Heptio, the duo's venture that unveils Kubernetes


VMware, which provides cloud services to companies, announced that it has bought Heptio to make it easier for businesses to build and operate Kubernetes-based architectures powered by container technology. It should be noted that Heptio was founded in Seattle by Joe Beda and Craig McLuckie, two of the three people who created Kubernetes on Google in 2014.

With this purchase, Beda and McLuckie will join VMware with their teams. The details of the deal have not been disclosed yet, but to make an assumption, it is worth saying that Heptio has invested $ 25 million in the last round of investment, the B series in 2017. According to PitchBook data, Heptio reached a valuation of $ 117 million after this investment tour, which also included Lightspeed, Accel, and Madrona.

When we consider the past experiences of the founders of Heptio, we can say that VMware is about to make serious strides on the side of Kubernetes. The company even believes that this technology will become a touchstone for businesses to manage their own businesses.

Operating for 20 years, VMware currently serves more than 500,000 customers worldwide and has more than 75,000 business partners. Until now, it is unknown how many customers Heptio has, but the initiative is known for serving large technology companies such as Yahoo Japan.

In the meantime, it is worth saying that the interest in open source software has increased especially in the field of cloud architecture. At this point, we can cite IBM's RedHat acquisition in the past weeks. IBM, which made the biggest software purchase by paying 34 billion dollars, created a movement in the cloud market.

If we go back to Heptio's field of action, let's say that the company already provides professional services to businesses that use Kubernetes or switch to this technology. These services include training and support projects, as well as building open source projects to manage Kubernetes' specific features and associated container clusters. In fact, the purpose of purchasing VMware is to expand the services offered by Kubernetes. This includes programming services, on-site, and hybrid storage services.

VMware, which has made a total of 33 purchases so far, is strengthening its position in the Kubernetes area for the first time with the purchase of Heptio. Let us state that the completion of this important purchase will take place in the fourth quarter of 2019.

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