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Nutanix Aims To Bridge HCI And Cloud With Acquisitions


By Steve McDowell


There are two trends right now that are changing the way IT organizations deploy services to their customers: converged/hyper-converged infrastructure and the movement of workloads to the cloud. Both are focused squarely on making IT more efficient in both cost and operational overhead. Nutanix, a pioneer who largely invented the HCI space, continues to share dominance with Dell DELL +0% EMC EMC +0% in the area. The company released its Q2FY18 (which maps to Q4CY17) earnings earlier this month, showing an impressive $286M quarter, up 44% year over year, and 4% quarter over quarter. While Nutanix continues to operate at a loss, it has a healthy war chest of just over $900M in cash, which it is using along with its nicely priced stock (a nearly $8B valuation), to invest in the future. This month Nutanix announced two acquisitions in the cloud application management space that aim to bring added simplicity and consolidated management of compute, storage, and networking to IT.


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