- Ericsson is acquiring a majority stake in Apcera, adding the next-generation platform as-a-service (PaaS) technology to its Cloud System. The transaction which is expected to close during the Q4 2014 will see Apcera continuing operations as a standalone company with Derek Collison, its founder and CEO remaining in his role.
- San Francisco, California-based Apcera has created Continuum(TM), the next-generation platform as-a-service (PaaS) that enables enterprises to securely and transparently control the allocation and consumption of IT resources on premise, in the cloud and in hybrid environments. Apcera's technology enhances policy capabilities to impose controls on new applications deployments for scalable operations.
- With the addition of Apcera's PaaS technology to Ericsson's Cloud offerings, Ericsson portfolio will now boast complete cloud automation to run all workloads and use cases, while providing complete control for infrastructure.
"The beauty of the cloud is that it is much more efficient to develop, roll-out and operate applications. To realize the full potential, cloud environments need security and governance, which our partnership with Guardtime and our acquisition of a majority stake in Apcera provides. With these technologies in place, enterprises and individuals can trust the integrity and the confidentiality of their infrastructure."
- Jason Hoffman, Vice President and Head of Product Line Cloud Software, Ericsson
"We welcome Ericsson's backing. With a history of transforming the world's most demanding businesses and the global ability to deploy and scale critical infrastructure, Ericsson will enable us to accelerate our innovation of Continuum and provide enterprises the next-generation platform that enables them to achieve a significantly faster time-to-market as they deploy, orchestrate and govern a diverse set of workloads, both on premise and in the cloud."
- Derek Collison, founder and Chief Executive Officer of Apcera
