November 24, 2020

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Also acquires cloud specialist

by Stuart Wilson, Friday 21 March 2014

Distribution giant Also has snapped up Finland-based cloud specialist Nervogrid Oy for an undisclosed sum. Nervogrid Oy specialises in the development of cloud brokerage enablement platforms with which the management of private, public, and hybrid cloud transactions can be automated and efficiently processed. The company will start trading under the name of Also Cloud Oy.

Gustavo Möller-Hergt, CEO of Also, said: "With this acquisition, Also Holding AG wants to strengthen its expertise in the cloud business and to develop it further. We offer our customers and partners in the cloud environment an ideal cloud brokerage enablement platform from which to offer their cloud services to a broad base of resellers and their customers.”

The core element of Nervogrid’s offering is a web-based cloud control panel. This will enable customers and partners of Also to offer various IT services such as infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS) and software-as-a-service (Saas) in a simple and autonomous way. Resellers use the cloud control panel to develop, drive and manage the entire sales process from preparation of the service through to billing.

“This service platform enables us to create a bridge between vendor and reseller. For Also, offering cloud services opens up new business possibilities with independent software and service vendors," Möller-Hergt added.

In 2013, Nervogrid Oy reported sales of approximately €3m (US$4.14m) and had around 30 employees.

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