Flexera Acquires Spot FinOps Business from NetApp

NetApp Acquires Spot

June 3, 2020

Cloud & SaaS

NetApp has entered into a definitive agreement to acquire Spot (formerly Spotinst), a provider of cloud compute management and cost-optimization software, to establish leadership in Application Driven Infrastructure. The acquisition pairs NetApp’s shared storage platform with Spot’s continuous optimization platform to help customers reduce cloud compute and storage costs and accelerate public cloud adoption; the deal is expected to close in the first half of NetApp’s fiscal year subject to customary approvals.

NetApp Acquires Fylamynt to Add CloudOps Automation to Spot by NetApp

February 23, 2022

Cloud & SaaS

NetApp has acquired Fylamynt, a venture-backed CloudOps automation company, to integrate Fylamynt’s low‑code/no‑code workflow automation into the Spot by NetApp CloudOps portfolio. Financial terms were not disclosed; NetApp said the deal will accelerate its CloudOps capabilities and enable customers to deploy and optimize Spot services more rapidly and cost‑effectively.

Flexera Acquires ProsperOps and Chaos Genius

January 9, 2026

Cloud & SaaS

Flexera has acquired ProsperOps and Chaos Genius to expand its FinOps platform with AI-driven and agentic cost-optimization capabilities across public cloud and data cloud environments. The deals add autonomous rate and data-cloud optimization for AWS, Azure, Google Cloud, Snowflake and Databricks, strengthening Flexera's FinOps for AI and Data Clouds roadmap.

Flexera Acquires Snow Software

February 15, 2024

Software

Flexera has completed the acquisition of Snow Software, combining Flexera's technology value optimization platform with Snow's software asset management and SaaS/FinOps capabilities to provide broader visibility and cost controls across hybrid IT environments. The deal brings together complementary product portfolios and domain expertise to expand capabilities for ITAM, SaaS management and FinOps for enterprise customers worldwide.

NetApp Acquires Instaclustr

May 24, 2022

Cloud & SaaS

NetApp has acquired Instaclustr, a provider of fully managed open-source databases, data pipelines and workflow applications delivered as a service. The deal expands NetApp's CloudOps capabilities by integrating Instaclustr's managed data-layer services into NetApp's Spot by NetApp and broader multi-cloud storage and optimization portfolio.

NetApp Acquires Data Mechanics

June 22, 2021

Data & Analytics

NetApp acquired Data Mechanics, a Paris-based managed platform provider for Apache Spark on Kubernetes, integrating its team and IP into the Spot by NetApp portfolio to accelerate NetApp's Spot Wave capabilities for cloud analytics and ML workloads. Financial terms were not disclosed.