It’s been announced today that technology experts Ingram Micro, have acquired certain assets from cloud based company, Parallels Holdings Ltd.
The assets up for grabs were Parallels Odin Service Automation Platform which comes with all the associated cloud management technologies, intellectual property and the Odin brand. The 500 Odin employees will be continuing their hard work over at Ingram under the hands of Executive VP Nimesh Dave, in order to build further innovation and development.
To help businesses take advantage of their growing portfolio of cloud solutions, this recent acquisition has set Ingram Micro firmly as a leading master Cloud Services Provider. Ingram Micro CEO Alain Monie commented, “now the time has come for us to expand our capabilities by owning the intellectual property that is helping to drive this technology evolution.”
The Odin Service Automation Platform will now benefit from becoming the premier hosting environment for those who wish to connect cloud commerce to customers. Parallels CEO Birger Steen, commented “with this transaction, businesses utilising Odin Service Automation now have access to an expanded portfolio of cloud solutions and services, providing them the opportunity to easily increase their reach and build new revenue streams, while significantly accelerating time to market.”
For now Parallels maintains the owner of two other major service provider businesses, Plesk and Virtuozzo, whose products will both be available for Ingram Micro to resell to its customers whilst remaining as separate companies.