Mergers and Acquisitions, Midmarket

Stratoscale Acquires Oracle, MySQL Managed Database Partner Tesora

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Stratoscale has acquired Tesora, a cloud database-as-a-service (DBaaS) provider and MSP that supports Oracle, MySQL and more than a dozen other databases. Financial terms were not disclosed.

Tesora’s team offers managed services and secure cloud access to popular databases through a single consistent interface, the company asserts. The deal reinforces Stratoscale Symphony, which transforms on-premises x86 servers into Amazon Web Services (AWS)-compatible deployments.

“This acquisition is an important milestone in Stratoscale’s ability to help customers on their journey to the cloud,” said Ariel Maislos, CEO & Founder of Stratoscale, in a prepared statement. “Organizations want to consume database as a service in a click-of-a-button. Stratoscale is happy to bring Tesora onboard to make this a reality.”

What Is Tesora DBaaS?

Tesora DBaaS is an enterprise-hardened version of OpenStack Trove, the native database service for OpenStack, the company asserts. The platform supports self-service provisioning, automated backup and restore, enterprise-grade security and clustering, Tesora says.

Tesora raised $4.5 million in venture funding in June 2015, bringing total funding at the time to $13.2 million. Key Tesora partners have included Red Hat and Mirantis.

Or as InfoWorld recently put it:

"Stratoscale is a small company with a very big ambition: to turn your datacenter into an Amazon Web Services (AWS) region. Forget OpenStack, forget VMware. Stratoscale aims to help IT shops get beyond device-level virtualization and deliver the same app-friendly building blocks AWS provides. In the process, the company promises to cut the cost of operating datacenters by more than 80 percent."

Database Partner Acquisitions

Database- and ERP-centric IT service providers have attracted considerable merger and acquisition activity in recent months. Recent example deals include:

Complete M&A Coverage: Track all VAR, MSP and CSP mergers and acquisitions by visiting the ChannelE2E Milestones section daily. Also, check out ChannelE2E’s Top 100 Mergers & Acquisitions across the IT channel, 2017 edition.

Joe Panettieri

Joe Panettieri is co-founder & editorial director of MSSP Alert and ChannelE2E, the two leading news & analysis sites for managed service providers in the cybersecurity market.