Flexera Acquires Multi-Cloud Vendor RightScale

Flexera has acquired RightScale, strengthening its total IT Asset Optimization Suite. RightScale is a recognized industry leader in the multi-cloud management and cost optimization.

Started in 2008, Flexera is a software asset management company and already partnered with several enterprise vendors such as Adobe, HP, IBM, and Microsoft. Acquisition of RightScale will let Flexera help their customers to solve the critical problem of cloud services overspend and control, reduce compliance and security risk.

RightScale was started in 2007 as a multi-cloud vendor and its Cloud Management Platform 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. The supporting public and private cloud platforms include support leading public and private clouds – including Amazon Web Services, Microsoft Azure, Google Cloud Platform, IBM Cloud, OpenStack, and VMware vSphere.

RightScale’s current solutions and approach have earned industry recognition.
The company was recently recognized as a leader in The Forrester Wave: Hybrid Cloud Management, Q2 2018 report, and The Forrester Wave: Cloud Cost Monitoring and Optimization, Q2 2018 report.



CEO of Flexera, Jim Ryan said, “We’re very excited about this acquisition – it’s transformational for Flexera and our customers. 60 percent of IT’s budget is driven by spend in software, hardware, and cloud.  Public cloud spend is growing rapidly and our customers have been very clear on their desire to manage public cloud costs with Flexera, just like they do for desktop, datacenter, SaaS and other IT assets.”

According to the RightScale 2018 State of the Cloud Report, a lot of businesses are already working with three or more cloud vendors.  Gartner estimates that cloud platform and infrastructure services spend is 20 percent of the IT budget today (Gartner Presentation, The Fundamentals of Software Asset Management, Matt Corsi, Gartner IT Sourcing, Procurement, Vendor & Asset Management Summit, September 2018 (IaaS 10%, PaaS 10%, n=233)).  An average 35 percent of cloud and infrastructure spend was wasted. This is where RightScale's multi-cloud cost optimization tool provides spend insights and a means to act on them has never been more important.

CEO and co-founder at RightScale, Michael Crandell said, “We share Flexera’s commitment to innovation and to delivering products that allow businesses to optimize and control rapidly evolving technology environments. With Flexera’s investment and leadership in technology asset management, we’re confident we can drive continued growth of our cloud management and cost optimization offerings.”

Managing Director at KPMG, Michael Adams said, “As the migration to the cloud continues, our clients are telling us that cloud costs are escalating at a rate much faster than they envisioned or planned for and that multi-cloud management complexities are becoming the norm – not the exception. They want to be able to control and reduce spend across all of their cloud environments with one solution.”

According to the announcement, the RightScale acquisition aligns with Flexera’s commitment to deliver the best vendor agnostic solutions to optimize and govern technology investments.  In addition, RightScale’s orchestration features can automate actions identified by other Flexera solutions.  Now Flexera gives companies the capabilities they need to stay in control of all their technology, and maximize cost savings while minimizing risks and vulnerabilities.

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