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    NTNX   US67059N1081

NUTANIX, INC.

(NTNX)
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Red Hat and Nutanix Announce Strategic Partnership to Deliver Open Hybrid Multicloud Solutions

07/29/2021 | 09:00am EDT

Red Hat and Nutanix announced a strategic partnership to enable a powerful solution for building, scaling and managing cloud-native applications on-premises and in hybrid clouds. The collaboration brings together technologies, enabling installation, interoperability and management of Red Hat OpenShift and Red Hat Enterprise Linux with Nutanix Cloud Platform, including Nutanix AOS and AHV. Key elements of the partnership include: Red Hat OpenShift as the preferred choice for enterprise full stack Kubernetes on Nutanix Cloud Platform. Customers looking to run Red Hat Enterprise Linux and Red Hat OpenShift on hyperconverged infrastructure (HCI) will be able to use a cloud platform from Nutanix, which includes both Nutanix AOS and AHV. Nutanix Cloud Platform is now a preferred choice for HCI for Red Hat Enterprise Linux and Red Hat OpenShift. This will enable customers to deploy virtualized and containerized workloads on a hyperconverged infrastructure, building on the combined benefits of Red Hat’s open hybrid cloud technologies and Nutanix’s hyperconverged offerings. Nutanix AHV is now a Red Hat certified hypervisor enabling full support for Red Hat Enterprise Linux and OpenShift on Nutanix Cloud Platform. The certification of the Nutanix built-in hypervisor, AHV, for Red Hat Enterprise Linux and OpenShift offers enterprise customers a simplified full stack solution for their containerized and virtualized cloud-native applications. This certification delivers Red Hat customers additional choice in hypervisor deployments, especially as many organizations explore innovative, modern virtualization technologies. Joint engineering roadmap providing robust interoperability. Red Hat and Nutanix will focus on delivering continuous testing of Red Hat Enterprise Linux and Red Hat OpenShift with Nutanix AHV to provide robust interoperability. The companies will also collaborate to deliver more timely support by aligning product roadmaps. More seamless support experience providing faster resolution times for joint customers. Customers will be able to contact either company with support issues. The two companies are collaborating to deliver a best-in-class support experience for the interoperability of the certified products. Because of its distributed architecture, Nutanix Cloud Platform delivers an IT environment that is highly scalable and resilient, and well-suited for enterprise deployments of Red Hat OpenShift at scale. The platform also includes fully integrated unified storage, addressing many tough challenges operators routinely face in configuring and managing storage for stateful containers.


ę S&P Capital IQ 2021
All news about NUTANIX, INC.
09/21NUTANIX : Management's Discussion and Analysis of Financial Condition and Results of Opera..
AQ
09/21NUTANIX : Cloud Platform to Deliver Strengthened Data Services for Unstructured and Struct..
BU
09/21NUTANIX : and Citrix« Team to Power Future of Work
BU
09/21NUTANIX : Cloud Platform Breaks Down Silos in Hybrid Multicloud Operations
BU
09/16NUTANIX : Appoints Adam Tarbox as Vice President of EMEA Channel Sales; Hybrid Multicloud ..
AQ
09/16NUTANIX : Announces Private Convertible Exchange and Subscription Transactions of $575 Mil..
PU
09/16NUTANIX, INC. : Creation of a Direct Financial Obligation or an Obligation under an Off-Ba..
AQ
09/15NUTANIX, INC. : Announces Private Convertible Exchange and Subscription Transactions of $5..
BU
09/08NUTANIX : EG Group Drives Miles Further With Nutanix in the Tank; Nutanix Cloud Platform R..
AQ
09/08NUTANIX : EG Group Drives Miles Further With Nutanix in the Tank
BU
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Analyst Recommendations on NUTANIX, INC.
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Financials (USD)
Sales 2021 1 370 M - -
Net income 2021 -820 M - -
Net cash 2021 189 M - -
P/E ratio 2021 -9,96x
Yield 2021 -
Capitalization 8 471 M 8 471 M -
EV / Sales 2021 6,04x
EV / Sales 2022 5,26x
Nbr of Employees 6 170
Free-Float 96,3%
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Mean consensus OUTPERFORM
Number of Analysts 16
Last Close Price 40,04 $
Average target price 48,14 $
Spread / Average Target 20,2%
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Managers and Directors
Rajiv Ramaswami President, Chief Executive Officer & Director
Duston M. Williams Chief Financial Officer
Virginia Gambale Chairman
Rajiv Mirani Chief Technology Officer-Cloud Platforms
Wendy M. Pfeiffer Chief Information Officer
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