Multy, an open source tool that makes it easy to switch cloud providers, has been acquired by Ori, the global cloud-to-edge platform that allows tech-enabled businesses to manage and deploy workloads across any infrastructure.
The acquisition comes only months after Multy, founded by ex-Google and AWS engineers, successfully completed the London Techstars accelerator programme which helped the business access mentorship, training and investment funds needed to grow. Sale at this point to Ori marks an important next step for Multy and helps Ori consolidate its leading position in intelligent application orchestration across distributed clouds.
London headquartered Multy was founded with a mission to help developers run applications that span multiple clouds as opposed to be limited to one. The team used open source to build an infrastructure capability that can instantly be replicated across any cloud.
Hill Dickinson’s London corporate partner James Paton-Philip and associate Cyprien Berlan advised the shareholders of Multy on the deal.
The adoption of cloud platform technology is accelerating fast as companies embrace new and better ways of running their businesses. The key now is to make the technology agile, which Multy has done. We were therefore delighted to advise the shareholders of Multy on the sale to Ori, the outcome of which provides the two businesses with significant opportunities to combine their complementary technologies as well as extend their reach.Cyprien Berlan
Associate
Ori’s acquisition of Multy signals a growing footprint for Ori in the distributed cloud domain, enabling it to orchestrate applications by intelligently packaging, deploying and managing them across any infrastructure, from on-premise to public clouds.