Cloud Management Platform ServiceMesh Acquired By CSC, A Consulting And IT Services Company
Cloud management company ServiceMesh has been acquired by CSC, which has in recent years emerged as an IT management outfit that focuses on helping companies move their apps to service providers. Terms of the deal were not disclosed.
ServiceMesh describes itself as an enterprise cloud management company that offers Global 2000 companies what it calls “IT as Service,” that charges on a pay as you go basis. It helps companies extend their data centers to public cloud services with all of the governance requirements that comes with managing an enterprise operation.
The ServiceMesh Agility Platform helps enterprise customers with self-service provisioning and management of standardized and fully governed Infrastructure as a Service, platform as a service and software as a service offerings. The company allows business to go fast, build new applications and manage multiple providers, all in a way that’s compliant.
The company had $15 million in funding from Ignition Partners. Frank Artale, a partner at Ignition, was a member of the ServiceMesh board of directors. It was ServiceMesh’s only round of institutional funding.
In a prepared release, CSC stated that the deal will enable the company to expand the reach of its BizCloud service, as well as allow it to present stronger competition against dominant cloud players like AWS.