Virtuozzo

Virtuozzo is headquartered in Seattle, in addition, the company has offices in London and Moscow.

History

2022

Virtuozzo, established by Russians, suspends its activities in the country

Virtuozzo, which separated from the Russian company Parallels in 2016, announced the suspension of operations in the country in connection with the events in Ukraine. A message about this was published on March 9 on the corporate blog^[1].

The statement said that the company will support residents of Ukraine, including allocating $150 thousand to charitable and public organizations working with refugees. In addition, the company intends to turn its office premises in Lviv (Ukraine) into shelters for those moving from more dangerous parts of the country.

As a source familiar with the situation told TAdviser, in 2016 Virtuozzo stood out from Parallels as a business specialized in container virtualization solutions for working outside Russia. The company did not have a large staff in the country, the main activity was also in foreign markets. Parallels developers who moved to Virtuozzo, the company tried to transport from Russia to a new place almost since 2016. The company's Ukrainian office appeared in 2021 after the purchase of the developer of PaaS solutions Jelastic.

According to the service Kontur.Focus is now in the Virtuozzo Riserch company, operating under the Virtuozzo brand, with 89 employees. Revenue at the end of 2020 year 410 million rubles. The company is 100% owned by the Cypriot offshore Virtuozzo Cyprus limited.

2021

Purchase of PaaS developer Jelastic

In early October 2021, Virtuozzo bought the Ukrainian developer PaaS-solutions Jelastic. Financial details of the transaction are not disclosed. More details here.

Buying a Cloud Developer OnApp

In mid-July 2021, cloud infrastructure provider Virtuozzo announced the acquisition of cloud developer OnApp to expand its hybrid cloud business. The financial terms of the transaction were not disclosed. More details here.

2020: Partnership Agreement with Stack Group

On September 30, 2020, Stack Group announced that they had entered into a strategic partnership agreement with Virtuozzo. Thanks to the partnership, Stack Group creates a line of services based on the highly reliable M1Cloud cloud using Virtuozzo software products. More details here.

2018: Alex Fine - the new head of Virtuozzo

In December 2018, Virtuozzo announced the appointment of Alex Fine as CEO. He joined the company in November 2018, according to Fine's personal page on the social network LinkedIn. More details here.

2016

Separating a Company from Parallels

Virtuozzo separated from Parallels and became an independent company in 2016. This was preceded by the sale of Odin, owned by Parallels, to the IT distributor Ingram Micro. As part of that deal, Parallels retained that part of the Odin business, which was responsible for the development of the Plesk and Virtuozzo software platforms.

At this time, the company was led by Rob Lovell and other top managers, whose total experience in the field of cloud technology, networks and hosting is 70 years, the company said.

Product Development Plans

Virtuozzo introduced product development plans in the spring of 2016, and also optimized the practice of working with a sales channel. According to the company, Virtuozzo and its partners provide more than 5 million virtual environments with critical workloads. Thus, the company offers a proven, secure and functional virtual environment - an alternative to traditional virtual machines based on hypervisors.

So, as conceived by Virtuozzo, client-oriented product development at a dynamic pace will allow you to bring new offers and solutions to the market faster, for example, Virtuozzo 7 System Containers with the optimization of KVM, Virtuozzo Linux, ReadyKernel, Virtuozzo Automator and Virtuozzo Storage.

The company will also offer software-defined storage licensing models - Virtuozzo Storage - with aggressive pricing and simplified management.

At the same time, it is planned to expand the Channel Enablement Program, which will be supplemented by support for entering the market, as well as a training and certification system for partners; and even deeper integration of Virtuozzo with OpenVZ and other initiatives, including OpenStack and Open Container Initiative, to further develop standards and achieve new levels of flexibility in implementing solutions.

"As an independent company, we can better focus and meet our commitments by providing service providers and partners with more compact solutions that they can offer to their customers," said Rob Lovell, CEO of Virtuozzo. "Partners can expect our products to grow faster in containers, virtualization, and storage technologies."

2001: Commercially Available Container Technology

In 2001, Virtuozzo offered commercially available container technology and continued to innovate in areas ranging from a virtual object storage solution to Linux cloud-optimized distributions and container migration technologies. Virtuozzo also takes part in many projects with, open source including OpenVZ, CRIU, KVM, and Docker OpenStack work on the Linux kernel.

Notes