Flexera Acquires RightScale, Extending its Technology Asset Management Solutions to the Cloud

We are very excited to announce that we are extending our technology asset management capabilities to the cloud with the acquisition of Santa Barbara, CA-based RightScale, the leader in multi-cloud management and cost optimization. Now you can get the best of all technology asset management worlds with a single solution provider.

Flexera + RightScale = Best in Class IT Asset Optimization
Our goal at Flexera is to deliver the best solutions for optimizing technology assets while minimizing risk. Flexera’s industry-leading solutions are the preferred choice for optimizing software, hardware and SaaS assets. But, optimizing assets that are being virtualized and moved to the cloud need optimization, too.  Cloud services already take up 20% of the IT budget and will continue to grow. Adding to the challenge, most enterprises use more than one cloud service provider. In fact, according to the RightScale 2018 State of the Cloud Report™, 81 percent of enterprises have a multi-cloud strategy and most of them leverage the capabilities of more than three cloud vendors. The report also uncovered that an average 35 percent of cloud spend is wasted each year. With these numbers in mind, we realized enterprises urgently need a multi-cloud cost optimization solution. They need a tool that delivers not just cost and usage insights across all of their cloud services, but also a means to act on them.  Better yet, a tool that is not tied to any one cloud provider.

Why RightScale?
Founded in 2007, RightScale has experienced continued success and growth to become the leading vendor-agnostic provider of enterprise multi-cloud management and optimization solutions. The RightScale Optima solution is a cloud cost management and optimization tool that empowers organizations to take automated action to reduce cloud spend across the enterprise. The RightScale Cloud Management Platform enables IT organizations to deliver instant access to a portfolio of public and private cloud services across business units and development teams while maintaining enterprise control.

RightScale is recognized as a leader in the 2018 Forrester Wave™ Hybrid Cloud Management and the 2018 Forrester Wave Cloud Cost Monitoring and Optimization reports. RightScale is also highly rated by Gartner, IDC and Enterprise Management Associates. But more than that, the RightScale technology and strategy fit perfectly with Flexera.

RightScale shares Flexera’s commitment to innovation and to delivering products that help optimize and control rapidly evolving technology environments. The company is driven by a desire to innovate and succeed and has built a reputation for excellence and expertise. With proven technology used by customers around the globe, RightScale brings a needed new dimension to Flexera.

What’s next?
The benefits to both Flexera’s and RightScale’s customers will be immediate and compelling. Customers will now have a single solution provider to help them manage costs and security vulnerabilities across their entire range of technology assets. Our Flexera team is excited about offering RightScale’s leading capabilities to customers and investing in their development. Join us for a webinar on October 11th to learn more.

We are thrilled to welcome our colleagues at RightScale and new customers to the Flexera family.

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