Flexera Expands Cloud Capabilities with Spot by NetApp Acquisition

05 February 2025
2 minute read
ITAM News & Analysis

Flexera Expands Cloud Capabilities with Spot by NetApp Acquisition

05 February 2025
2 minute read

Flexera has announced its intention to acquire Spot by NetApp. 

In a nutshell: 

  • Spot brings Flexera better capabilities around managing containers, spot instances and reserved instances. 
  • Spot also provides Flexera with more customers and capabilities in MSP driven engagements (see image below)  
  • This extension to Flexera’s cloud capabilities follows similar acquisitions of Meta SaaS, RightScale and most recently, Snow Software. 
Flexera Expands Cloud Capabilities with Spot by NetApp Acquisition

This puts Flexera on a path towards a billion dollar ARR company. Flexera says it is focussing its efforts where spend is growing fastest, so it will be interesting to see what additional advancements it brings to the table for managing both the cost and risk of AI. 

Flexera vs Spot in Numbers

Flexera vs Spot in Numbers

Flexera vs Spot in Numbers

Further info: 

https://www.flexera.com/about-us/press-center/flexera-to-acquire-finops-business-from-netapp-to-strengthen-portfolio

https://spot.io

About Martin Thompson

Martin is the founder of ITAM Forum, a not-for-profit trade body for the advancement of IT Asset Management.

He is also the author of the book "Practical ITAM - The essential guide for IT Asset Managers", a book that describes how to get started and make a difference in the field of IT Asset Management. In addition, Martin developed the PITAM training course and certification.

Connect with Martin on LinkedIn.

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