Aug. 20, 2017 11:21 AM • #NTAP Summary #NetApp has acquired #Greenqloud for an undisclosed amount. Greenqloud has developed #Qstack, a #cloudmanagement platform that works with some of the largest technology companies, such as #Intel and #HewlettPackard. Greenqloud’s large scale provisioning technology will be complementary to NetApp’s existing cloud and data services.  Quick Take NetApp (NTAP) announced that it has acquired Greenqloud, the cloud management startup based in Iceland for an undisclosed amount. Greenqloud is an enterprise-scale cloud management and service startup that has developed large scale provisioning software it calls Qstack. Through the acquisition, NetApp will incorporate Greenqloud’s Cloud management platform into its hybrid cloud data services system. Target Company Reykjavik, Iceland-based Greenqloud was founded in 2010, has focused its development on software for the Cloud Management Platform [CMP] market that works with large clients and partners such as Intel (INTC) and Hewlett-Packard Enterprise (HPE). Management is headed by Co-Founder and CTO Tryggvi Larusson and Co-founder and COO Eirikur [Eiki] Hrafnsson. Prior to founding Greenqloud, Larusson was chairman and CTO of Idega software, and Hrafnsson was founding board member of Clean Tech Iceland.
https://seekingalpha.com/article/4100506-netapp-acquires-greenqloud-cloud-management-software
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