Flexera, an Itasca, IL-based company that makes the business of buying and selling software more transparent, secure and effective, acquired RightScale, a provider of multi-cloud management and cost optimization solutions.
The amount of the deal was not disclosed.
Founded in 2007 by Michael Crandell, CEO, RightScale provides multi-cloud, vendor agnostic solutions that support public and private clouds – including Amazon Web Services, Microsoft Azure, Google Cloud Platform, IBM Cloud, OpenStack and VMware vSphere.
RightScale Optima is a collaborative cloud cost management and optimization solution that enables organizations to take automated action to reduce cloud spend across the enterprise.
The RightScale Cloud Management Platform is a solution that enables IT organizations to deliver instant access to a portfolio of public, private, and hybrid cloud services across business units and development teams while maintaining enterprise control.
With the acquisition, Flexera adds top technology asset management offering across software, hardware, SaaS and cloud services. Now, it gives companies the capabilities they need to stay in control of all their technology, and maximize cost savings while minimizing risks and vulnerabilities.
For Flexera, this is the third acquisition this year (after acquiring Meta SaaS and Brainware Group in May).