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Ingram Micro has taken steps to improve its ability to safeguard its position in a cloud world after splashing out to acquire the Parallels Odin Service Automation platform.
The deal to acquire assets from Parallels Holdings includes getting an additional 500 employees, many of them software engineers, plus a platform that can provide cloud management that will put Ingram in the position of being a strong cloud provider.
Those staff that come across to Ingram will join the distributor's cloud division headed by executive vice president Nimesh Dave. They will be charged with carrying on innovation of the Odin automation platform as well as the developing the distributor's service offerings.
Ingram has a track record of embracing the cloud and began licensing the Odin Service Automation platform back in 2013 and has used it to support its Cloud Marketplace, where ISVs, cloud service providers and OEMs can provide cloud commerce to their customers.
Ingram Micro CEO Alain Monié said that timing of the deal was as a result of a decision it had made to develop its intellectual property to bolster its ability to shape its own cloud destiny.
“Now the time has come for us to expand our capabilities by owning the intellectual property that is helping to drive this technology evolution. Odin Service Automation leads in cloud provisioning management and is an established industry standard for integrated cloud services," he said.
"We intend to continue to enhance the capabilities of the Odin Service Automation platform, while also consistently bringing additional functionality to our combined cloud solutions. Together, Ingram and Odin will offer the ideal combination of expertise, knowledge and commercial relationships with leading cloud OEMs and innovators," he added.
In response Parallels CEO Birger Steen said that Ingram had been among the earliest to identify the need to develop a cloud services ecosystem.
“With this transaction, businesses utilizing 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," he said.
"At the same time, this provides us with the opportunity to sharpen our focus as a company and continue to deliver market leading products under the Parallels, Plesk and Virtuozzo brands," he added.
Parallels will maintain ownership of its two other major service provider business units Plesk and Virtuozzo, which will be structured as separate companies. Both product lines will be available to resellers via Ingram Micro.