Virtuozzo Acquires Jelastic Business

October 5, 2021

Virtuozzo has acquired the technology and business of Jelastic, a multi-cloud Platform-as-a-Service provider, bringing Jelastic's platform and application management capabilities in‑house after a decade-long partnership. The acquisition completes Virtuozzo's core technology stack to deliver a full-stack cloud management solution for cloud, hosting and managed service providers; financial terms were not disclosed.

Buyers
Virtuozzo
Targets
Jelastic
Industry
Cloud & SaaS
Location
California, United States
Transaction Type
Buyout

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