CloudCentral is claiming to be the first Australian cloud provider to "own their entire stack from end to end", with the acquisition of US vendor DEY Storage Systems.
The buyout of the US software startup will enable CloudCentral to start offering Software Defined Storage; a move the Australia cloud wholesaler argues will allow it to undercut its competitors. Terms of the deal were not disclosed.
"It's a massive opportunity," said CloudCentral CEO Kristoffer Sheather. "We will be able to sell an integrated cloud system at up to half the price of the legacy incumbent competitors."
As well as expanding the choice of software vendors for customers, the technology removes the need to ay third parties for storage, according to Sheather. He argued the result will be more "cost-effective" storage that can be expanded in smaller increments.
DEY Storage Systems raised $3 million in 2012 in development of its data center storage software. The company is based in California.
Once CloudCentral completes a reverse takeover with Dromana Estate, it expects to raise $3.5 million from its upcoming listing on the Australian stock Exchange.
-1.jpg&w=100&c=1&s=0)
.png&w=100&c=1&s=0)
