Footnotes / references Financials as of July 31, 2023[update].[1]
Nutanix, Inc. is an American cloud computing company that sells software for datacenters and hybrid multi-cloud deployments. This includes software for virtualization, Kubernetes, database-as-a-service, software-defined networking, security, as well as
software-defined storage for file, object, and block storage.[2]
History
Nutanix was founded on September 23, 2009, by Dheeraj Pandey,
Mohit Aron and Ajeet Singh. In early 2013 Aron left Nutanix to start
Cohesity, a privately held
computer data storage company.[3]
Nutanix filed for an
initial public offering (IPO) in December 2015, reporting a net loss in its fiscal year ending July 2015 of $126 million.[7] In August 2016, Nutanix announced it had acquired
PernixData.[8]
The IPO on September 30, 2016, raised about $230 million after selling 14.87 million shares at a price of $16.[9][10] This was the biggest VC-backed IPO of 2016 in the U.S.[11] Analysts expected Nutanix's public offering would be delayed.[12]
In May 2017, Nutanix partnered with
IBM to create a series of datacenter hardware appliances using IBM Power Systems for
business apps.[13]
In March 2018, Nutanix announced the acquisition of Minjar, based in
Bangalore[14] and
Netsil,[15] a San Francisco-based cloud application monitoring startup. Later the same year, Nutanix acquired the DaaS startup Frame.[16]
On June 1, 2019, Nutanix appointed Brian Stevens to its board of directors.[17] In March 2020,
Sohaib Abbasi joined the company's board of directors.[18]
Due to the
COVID-19 pandemic, Nutanix announced a furlough impacting about 1,500 employees in April 2020.[19] In June 2020, Nutanix added Virginia Gambale to its board of directors.
[20]
In December, 2020, Pandey was replaced as Chief Executive by Rajiv Ramaswami, who had been the Chief Operating Officer at
VMware.[21]
VMware filed a lawsuit, alleging a conflict of interest, but dropped the legal fight a year later.[22]
In 2021, the company transitioned from making hardware appliances to focusing on subscription software.[23][24]
In 2022, MinIO alleged that Nutanix had been violating MinIO's free software license for the past three years, with good faith negotiations over the matter breaking down and Nutanix' license being revoked as a consequence.[25]
Acquisitions
Date
Company
Description
References
August 2016
PernixData
Software for virtualizing server-side flash memory and random-access memory.
Nutanix combines
storage,
computing, and
virtualization. The company's software product families include Acropolis, Prism, Era, Frame, and Files.[31][32][33][34] In 2015, Nutanix was reported to have built a Linux KVM based
hypervisor, called AHV (Acropolis HyperVisor) in order to make managing computer infrastructure easier.[35]
^Gage, Deborah (January 14, 2014).
"The Wall Street Journal". Nutanix Joins the $1 Billion Valuation Club as It Takes On Tech Giants. Retrieved September 10, 2016 – via The Wall Street Journal.