PaaS: major mergers in the sector

20/10/2020
Diego Gutiérrez
PaaS: major mergers in the sector

Baker Tilly analyses which are the main ones M&A transactions most important in the market for PaaS. But before that, the industry is explained. Platform as a Service (PaaS) is a cloud service. If a customer previously wanted to develop or host an application, it would have to have an infrastructure and a physical database (often disproportionately large), but with PaaS, the company can now ask a cloud service provider for the hardware and software tools needed to develop this product and the space to host the application. 

Principales M&A transactions en el sector PaaS

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Microsoft and Cloudyn 

Microsoft firmó un acuerdo para adquirir Cloudyn, una empresa innovadora que ayuda a empresas y proveedores de servicios gestionados a optimizar sus inversiones en servicios en la nube. A medida que los clientes aumentan el uso de la nube en muchos proyectos, puede resultar un desafío para ganar visibilidad y comprender los costos de los proyectos existentes, optimizar esas inversiones y proyectar el uso futuro.  

That's why Microsoft acquired the company with the goal of empowering customers with the tools they need to navigate the cloud and gain strategic benefits, confidence and intelligence in the global cloud. Given that, Cloudyn provides enterprise customers with tools to identify, measure and analyse consumption, enable accountability and forecast future cloud spending.  

OpenText and Cordys 

OpenText acquired Cordys, a leader in the BPM market, providing a process-centric application development platform under a Platform as a Services model.

OpenText has acquired Cordys as it will enable it to offer the most robust case and process management platform in the business, so OpenText can now offer the broadest set of BPM technologies, including a cloud-native 100% BPM platform and PaaS solution, cloud orchestration, ESB integration, rules engine, business activity monitoring, social and mobile interfaces, and an application development environment, all from a single vendor and a single platform. 

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