Wilson Sonsini Goodrich & Rosati is representing Nutanix in the transaction.
Nutanix, Inc., (NASDAQ: NTNX) has entered into a definitive agreement to acquire Netsil Inc.
Netsil provides application discovery and operations management that enables state-of-the-art observability in modern distributed cloud environments. The closing of the acquisition is subject to the satisfaction of customary closing conditions.
The increasing adoption of multi-cloud platforms has meant more complexity and an inconsistent approach to operations management, leaving application owners in the dark. Today’s businesses rely on applications that interact with thousands of services, yet IT administrators and DevOps teams struggle with the insight and control they need to map dependencies or monitor real-time application behavior. As popularity in microservices and containers grow, understanding all of the dependencies and the need for visibility become more critical. Netsil’s non-disruptive and easy-to-deploy solution monitors applications, services and their dependencies in real time.
Netsil is the San Francisco-based maker of the Netsil Application Operations Center, which helps enterprises gain complete visibility into all their applications and services and their complex interdependencies with absolutely no code changes required. Netsil’s algorithm-based and non-invasive technology helps to achieve visibility and control at scale while keeping application transparency. As a result, development and operations teams are able to ensure uptime, software quality and safer deployments, and meet their service level objectives (SLOs). The addition of Netsil’s technology to the Nutanix Enterprise Cloud OS software will help customers secure applications as well as identify and fix performance issues.
Nutanix, Inc. designs and develops enterprise cloud platforms. The Company, led by Dheeraj Pandey, Sudheesh Nair Vadakkedath and Duston M Williams, provides enterprise cloud platform solutions that converge traditional silos of server, virtualization, and storage into one integrated solution. In 2017 the Nutanix recorded $766 Milliion Revenues.
WSGR advised Nutanix with Denny Kwon (Picture), Matthew Baudler, Jacob Werrett, Jeffrey Saper, Mark Baudler (Corporate M&A), James Clessuras, Sean Withall (IP&IT), Sriram Krishnamurthy (Employee Benefits and Compensation), Mark Cornillez-Ty and Myra Sutanto Shen (Tax).
Involved fees earner: Denny Kwon – Wilson Sonsini Goodrich & Rosati; Matthew Baudler – Wilson Sonsini Goodrich & Rosati; Jacob Werrett – Wilson Sonsini Goodrich & Rosati; Jeffrey Saper – Wilson Sonsini Goodrich & Rosati; Mark Baudler – Wilson Sonsini Goodrich & Rosati; James Clessuras – Wilson Sonsini Goodrich & Rosati; Sean Withall – Wilson Sonsini Goodrich & Rosati; Mark Cornillez-Ty – Wilson Sonsini Goodrich & Rosati; Sriram Krishnamurthy – Wilson Sonsini Goodrich & Rosati; Myra Sutanto Shen – Wilson Sonsini Goodrich & Rosati;
Law Firms: Wilson Sonsini Goodrich & Rosati;
Clients: Nutanix, Inc. ;