Flexera Acquires RISC Networks: Breakthrough Cloud Migration Analytics Platform Accelerates Digital Transformation for Enterprises

Flexera Acquires RISC Networks: Breakthrough Cloud Migration Analytics Platform Accelerates Digital Transformation for Enterprises

June 4, 2019 0 By Hoofer

Flexera, the software company that helps organizations realize technology’s power to accelerate their business, today announces it has acquired RISC Networks. Headquartered in Asheville, North Carolina, RISC Networks’ groundbreaking SaaS-based analytics platform helps companies speed their migration to the cloud. 

Adding a cloud readiness dimension to the Flexera portfolio

“Our Cloud Management Platform optimizes cloud usage for our customers and is well regarded by key industry analysts, including Gartner and Forrester,” said Jim Ryan, President and CEO of Flexera. “We’re always seeking to strengthen our capabilities in cloud migration-an area that’s becoming more of a focus for IT executives and analysts. With our acquisition of RISC Networks, we can help our customers even earlier in their journey to the cloud. We can now help them assess, prioritize and price which on-premise workloads they should migrate to the cloud.”

RISC Networks’ primary products-Foundation and CloudScape-help fast-growing companies like CapGemini, IBM, Turner Broadcasting, Viacom and Eastman Chemicalmore effectively move from on-premise to the cloud by:

  • fully discovering all of a company’s IT infrastructure
  • automatically organizing the information into the relevant business services that are essential to the enterprise
  • evaluating, prioritizing and costing the applications to be moved to the cloud

More comprehensive and actionable IT insights

RISC Networks’ innovative platform extends Flexera’s ability to deliver IT insights and spend optimization. The patented technology adds an essential business service view to existing visibility into software, hardware and cloud assets.

This acquisition will enable Flexera customers to chart the most efficient and effective path to the cloud, avoiding costly missteps that can set back digital transformation. Adding RISC Networks to the Flexera portfolio will also help build stronger relationships with cloud providers such as AWS, Microsoft Azure and Google Cloud.