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cloudControl Signs Definitive Agreement to Acquire dotCloud PaaS Business
|By Business Wire
|August 4, 2014 12:00 PM EDT
cloudControl, Inc., the US subsidiary of the Berlin, Germany
headquartered PaaS pioneer cloudControl GmbH, today announced that it
has entered into a definitive agreement to acquire the dotCloud PaaS
business from Docker, Inc. the company behind the eponymous open source
container platform, for an undisclosed amount. The acquisition positions
cloudControl to expand its leading EU-centric public PaaS business to
the important US market.
“My co-founders and I always shared the vision to build a truly global
technology company, something that despite Germany’s economic power
seems very rare,” said Philipp Strube, founder and CEO of cloudControl.
“It’s a unique opportunity to kickstart our US market expansion with an
established brand and customer base and will allow us to continue our
exceptional company growth.”
The award winning dotCloud PaaS launched in 2011 as one of the first
multi-language platforms and has since grown into one of the leading
US-based PaaS providers. In 2013, the company behind dotCloud launched
the Docker project, which has enjoyed explosive growth and is rapidly
emerging as the standard for containerization. After renaming the
company Docker, Inc. and publicly shifting focus towards the Docker
business, Docker began to look for a good home for the legacy dotCloud
“While we need to focus our resources to truly seize the opportunity
behind the Docker project, it was very important to us to provide a
smooth transition for the dotCloud PaaS customers,” said Ben Golub, CEO,
Docker, Inc. “cloudControl has years of experience running a world class
PaaS, and distinguished themselves by the depth of their dedication to
investing in the dotCloud platform and customer base. With cloudControl
taking over, customers can continue to rely on the dotCloud PaaS for
their mission critical applications.”
For dotCloud PaaS customers the acquisition should be welcome news, and
alleviate any concerns about the long term future of the service.
Initially, cloudControl will continue to run the dotCloud PaaS
technology as-is while working on providing a seamless migration path
and timeline. The migration to the cloudContol PaaS technology will
ultimately result in a future-proof foundation for customers to build,
deploy and scale their applications.
“cloudControl is widely recognized as one of the world’s leading PaaS
services and being a true partner to our customers was always one of our
core values as a company,” said Strube. “Going forward we’re committed
to first and foremost providing a seamless migration path and
outstanding support to existing customers while also laying a great
foundation for the future growth of the dotCloud brand.”
The strong and fast-growing customer base in the EU and in the US and
the unique white label partnership model further assure cloudControl’s
position as one of the leading PaaS companies in the world.
Osborne Clarke and FeldbergPacific provided legal advice to
cloudControl. Ludwig & Co. acted as financial advisor.
cloudControl is Europe’s Platform-as-a-Service (PaaS) pioneer,
developing and running a leading multi-language PaaS since 2009.
Designed for agility, efficiency and reliability, the cloudControl
platform supercharges development of applications and business solutions
by enabling rapid innovation cycles. cloudControl’s PaaS offering caters
to developers, service providers, and enterprise clients with public,
private and hybrid cloud models. cloudControl is widely recognized for
both its technology and credibility as a cloud service provider by
leading analyst firms including in the Gartner Magic Quadrant for aPaaS.
For more information, visit www.cloudcontrol.com
cloudControl was founded by Philipp Strube, Tobias Wilken and Thomas
Ruland and is venture backed by Creathor Venture, IBB
Beteiligungsgesellschaft and business angels.
Docker, Inc. is the commercial entity behind the open source Docker
project, and is the chief sponsor of the Docker ecosystem. Docker is an
open platform for developers and sysadmins to build, ship, and run
distributed applications. With Docker, IT organizations shrink
application delivery from months to minutes, frictionlessly move
workloads between data centers and the cloud, and slash infrastructure
costs by 50 percent or more. Inspired by an active community and by
transparent, open source innovation, Docker has been downloaded 4+
million times and is used by thousands of the world’s most innovative
organizations, including eBay, Baidu, Yelp, Spotify, Yandex, and
Cambridge HealthCare. Docker’s rapid adoption has catalyzed an active
ecosystem, resulting in more than 20,000 “Dockerized” applications and
integration partnerships with AWS, Red Hat, Google, Canonical, IBM,
OpenStack, Rackspace, and Cloud Foundry.
Docker, Inc. is venture backed by Greylock
Partners (Jerry Chen), Benchmark (Peter
Ventures (Dan Scholnick), AME
Cloud Ventures (Yahoo! Founder Jerry Yang), Insight
Venture Partners, Y
Combinator, and SV
Angel (Ron Conway).
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