Hopkinton-based data storage leader EMC Corp. has announced plans to acquire Virtustream, a privately held Maryland firm that specializes in migrating business software to the cloud.
In announcing the deal, EMC said Virtustream would form the basis of EMC’s new managed cloud services business. EMC has been shifting its strategy to increase its focus on helping customers move all their application to cloud-based IT environments.
EMC said the Virtustream deal, when finalized, would complete “the industry’s most comprehensive hybrid cloud portfolio to support all applications, all workloads and all cloud models.”
Virtustream’s chief executive officer Rodney Rogers will report to EMC Chairman Joe Tucci.
“Virtustream is an exceptional company and this is a critical and transformative acquisition for EMC in one of the industry’s fastest-growing and most important sectors,” Tucci said. “With Virtustream in place, EMC will be uniquely positioned as a single source for our customers’ entire hybrid cloud infrastructure and services needs.”
Virtustream, a fast-growing company founded in 2009, works with large enterprises worldwide to migrate, run and manage mission-critical applications in the cloud, including SAP. Virtustream customers include marquis enterprises such as The Coca-Cola Co., Domino Sugar, Heinz, Hess Corporation, Kawasaki, Lexmark and Scotts Miracle-Gro.
As it stands, EMC offers customers its Federation Enterprise Hybrid Cloud Solution, an on-premise private cloud offering that provides access to public cloud services such as VMware vCloud Air. Virtustream will bring to the EMC portfolio a managed cloud software and services capability available on or off premises. EMC intends to incorporate the Virtustream offerings into the Federation Enterprise Hybrid Cloud Solution where they expect the combined capabilities, products and services will allow them to address the complete breadth of cloud computing needs.