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Nutanix

Hybrid MulticloudFounded 2009
Reviewed by Swet Parvadiya
Company data updated: October 2026

Acquisitions

Nutanix Acquisitions

6

Major Deals Covered

$502M

Disclosed Deal Value

What are Nutanix's biggest acquisitions?

Nutanix's largest disclosed acquisition here is Frame (Desktop Tonics) for $165M in 2018. This page covers 6 major deals from 2016 to 2024, each with its price where disclosed and the reason behind it.

Major deals covered
6
Largest deal
Frame (Desktop Tonics) ($165M)
First deal
2016
Most recent
2024
CompanyYearPricePurpose
PernixData2016$125.0MAcquired server-side flash caching and storage memory analytics pioneer to eliminate enterprise storage latency.
Calm.io2016$50.0MAcquired DevOps automation and multi-cloud application lifecycle orchestration platform.
Minjar2018$42.0MAcquired cloud cost governance and visibility startup, developer of the popular Botmetric platform.
Frame (Desktop Tonics)2018$165.0MAcquired cloud-native Desktop-as-a-Service (DaaS) leader delivering virtual applications and desktops directly through any web browser.
D2iQ (Assets & Kubernetes Platform)2024$80.0MAcquired leading commercial Kubernetes management platform (formerly Mesosphere) to provide complete enterprise-grade cloud-native orchestration.
Netsil2018$40.0MAcquired real-time application discovery and network mapping software for cloud-native microservices.
What companies has Nutanix bought?
Major acquisitions by Nutanix documented here include Frame (Desktop Tonics) (2018), PernixData (2016), D2iQ (Assets & Kubernetes Platform) (2024), Calm.io (2016) and Minjar (2018).
What is Nutanix's most recent acquisition?
The most recent Nutanix acquisition documented here is D2iQ (Assets & Kubernetes Platform), in 2024, for $80M.

D2iQ (Assets & Kubernetes Platform)

2024

$80M

Why

Acquired leading commercial Kubernetes management platform (formerly Mesosphere) to provide complete enterprise-grade cloud-native orchestration.

Impact

Integrated D2iQ's DKP (Declarative Kubernetes Platform) into the Nutanix Cloud Platform to create Nutanix Kubernetes Platform (NKP).

Outcome

Enabled enterprise customers to deploy, manage, and scale CNCF-compliant Kubernetes clusters seamlessly across private datacenters and public clouds.

Minjar

2018

$42M

Why

Acquired cloud cost governance and visibility startup, developer of the popular Botmetric platform.

Impact

Integrated into Nutanix Cloud Manager Cost Governance, providing automated cost optimization and security compliance across AWS, Azure, and Nutanix private clouds.

Outcome

Empowered enterprise FinOps teams to prevent cloud sprawl and cut wasted cloud spend.

Frame (Desktop Tonics)

2018

$165M

Why

Acquired cloud-native Desktop-as-a-Service (DaaS) leader delivering virtual applications and desktops directly through any web browser.

Impact

Enabled Nutanix customers to stream Windows and Linux virtual desktops and GPU-intensive apps without complex client software installations.

Outcome

Accelerated Nutanix's virtual desktop infrastructure (VDI) adoption across enterprise and educational institutions.

Netsil

2018

$40M

Why

Acquired real-time application discovery and network mapping software for cloud-native microservices.

Impact

Integrated into Nutanix Flow network security to provide deep packet inspection and automated network security visualization.

Outcome

Strengthened micro-segmentation and Zero Trust network security within Nutanix Cloud Infrastructure.

PernixData

2016

$125M

Why

Acquired server-side flash caching and storage memory analytics pioneer to eliminate enterprise storage latency.

Impact

Integrated PernixData's FVP and Architect technology into Nutanix Distributed Storage Fabric, enabling ultra-fast RAM and flash acceleration.

Outcome

Advanced Nutanix's enterprise performance for mission-critical transactional databases like Oracle and SQL Server.

Calm.io

2016

$50M

Why

Acquired DevOps automation and multi-cloud application lifecycle orchestration platform.

Impact

Formed the core technological foundation for Nutanix Calm, enabling automated one-click multi-cloud application deployment across private datacenters, AWS, and Azure.

Outcome

Transformed Nutanix from infrastructure-only HCI into a comprehensive enterprise cloud management platform.

Nutanix's Growth & Acquisition Strategy

Under CEO Rajiv Ramaswami, Nutanix is pursuing four clear corporate growth priorities: (1) Capturing VMware Market Share: Aggressively migrating enterprise accounts dissatisfied with Broadcom's VMware pricing and packaging changes onto the Nutanix Cloud Platform and AHV hypervisor; (2) Scaling Cisco and Dell Global OEM Partnerships: Ramping joint sales execution with Cisco Systems and Dell Technologies to capture server refresh cycles across the Global 2000; (3) Expanding Nutanix GPT-in-a-Box for Enterprise AI: Delivering a turnkey full-stack software platform that allows enterprises to train and run generative AI models and LLMs securely in private data centers and edge locations without leaking data to public clouds; and (4) Expanding Nutanix Cloud Clusters (NC2): Accelerating adoption of NC2 on AWS and Azure to enable rapid disaster recovery and hybrid cloud elasticity without costly application re-architecture.

How Nutanix Makes Money

Nutanix operates a high-margin, enterprise software and SaaS subscription business model with outstanding revenue visibility, multi-year contract durations (averaging 3 years), and high customer lifetime value: (1) Nutanix Cloud Platform Subscriptions (~93% of revenue), licensed on a per-core or per-virtual-machine capacity basis across Nutanix Cloud Infrastructure (NCI), Nutanix Cloud Manager (NCM), Nutanix Unified Storage (NUS), and the AHV hypervisor; (2) Nutanix Cloud Clusters (NC2) on AWS and Azure (~5% of revenue), enabling seamless hybrid cloud bursting and disaster recovery by extending the Nutanix software stack natively into hyperscale public clouds; and (3) Professional Services & Support (~2% of revenue), delivering architecture deployment, cloud migration consulting, and mission-critical 24/7 technical support. Nutanix generates software gross margins exceeding 84% and maintains an Annual Recurring Revenue (ARR) base of over $1.9 billion.

Nutanix Acquisitions FAQ

What is Nutanix's general approach to M&A and acquisitions?

Nutanix pursues a disciplined, strategic M&A approach focused on acquiring proprietary technologies, expanding customer distribution reach, and unlocking operational cost synergies rather than pursuing unselective scale.

What were some of the most transformative acquisitions completed by Nutanix?

Transformative transactions in Nutanix's history include pivotal mergers and acquisitions that secured key regional footprints, consolidated core market share, and brought proprietary software intellectual property in-house.

How does Nutanix successfully integrate acquired companies?

Nutanix deploys dedicated integration teams to harmonize core software stacks, align regulatory compliance systems, and unite company cultures while preserving entrepreneurial agility.

Does Nutanix divest non-core corporate assets?

Yes, Nutanix periodically evaluates its corporate portfolio, strategically divesting non-core or non-strategic assets to redeploy capital into high-margin core operational divisions.

Related M&A Histories

Compare corporate acquisition records, deal values, and strategic targets

Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.