Distributor Ingram Micro is buying the Odin business from Russia's Parallels Holdings. The Odin Service Automation platform is all about cloud management and the development work, along with associated cloud management technologies, intellectual property and the Odin brand has been based in Russia. Approximately 500 Odin employees, mostly Russian, and many of whom are software engineers with cloud expertise, are expected to join Ingram Micro.
As a part of the Ingram Micro Cloud division led by executive vice president Nimesh Dave, these employees will continue to drive development of the Odin automation platform and cloud service offerings as members of the Ingram Micro Cloud division.
“This transaction solidifies Ingram Micro's position as a leading master Cloud Services Provider (mCSP), with a comprehensive offering designed to support partner transformation and cloud enablement to help businesses take advantage of a rapidly expanding portfolio of cloud solutions”, it says.
Ingram Micro adopted and began licensing the Odin Service Automation platform in 2013 as the backbone of the company's automated Cloud Marketplace. This cloud automation platform provides partners the ability to sell their solutions to millions of customers via Ingram Micro's wide reaching channel of resellers, telcos/carriers, hosting companies, MSPs, system integrators and suppliers.
As a part of the growing Ingram Micro Cloud portfolio of technology and business solutions, Odin Service Automation will operate as a business unit of Ingram Micro. The transaction, which is subject to certain closing conditions, is expected to close in December 2015 and is not expected to materially impact Ingram Micro's 2016 financial results.
Ingram Micro CEO Alain Monie commented, "In recent years, the launch of Ingram Micro's automated cloud platform and marketplace has positioned our Company at the forefront of the evolution and adoption of cloud solutions by businesses throughout the world. Now the time has come for us to expand our capabilities by owning the intellectual property that is helping to drive this technology evolution. Odin Service Automation leads in cloud provisioning management and is an established industry standard for integrated cloud services.”
“Our announcement today demonstrates Ingram Micro's confidence in the technology and talent that Odin has cultivated, as well as our belief that the Odin Service Automation platform will play a significant role in how businesses consume technology in the cloud. We intend to continue to enhance the capabilities of the Odin Service Automation platform, while also consistently bringing additional functionality to our combined cloud solutions. Together, Ingram and Odin will offer the ideal combination of expertise, knowledge and commercial relationships with leading cloud OEMs and innovators, which will enable our combined partner portfolio of 285 telcos, 4,000 hosting companies and 200,000+ resellers worldwide to thrive by lifting their customers businesses to the cloud."
It will position the Odin Service Automation Platform as a hosting environment for ISVs, Cloud Service Providers (CSPs) and OEMs who want to connect cloud commerce to customers.