|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 PaaS business.
“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 and www.whitelabelpaas.info.
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 Fenton), Trinity Ventures (Dan Scholnick), AME Cloud Ventures (Yahoo! Founder Jerry Yang), Insight Venture Partners, Y Combinator, and SV Angel (Ron Conway).
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