Dizzion, a global provider of Composable Digital Workspaces and Desktop as a Service (DaaS) solutions, has finalized the acquisition of Nutanix’s Frame business unit. This strategic move would result in the creation of one of the largest independent DaaS firms globally, boasting industry-leading service capabilities and worldwide delivery. Financial terms of this acquisition were not disclosed.
The integration of Dizzion and Frame would bring forth numerous benefits for both companies’ customers. By leveraging Dizzion’s global capabilities in end-to-end design, deployment, Managed DaaS, and Compliance Services (such as PCI, HIPAA, SOC, and GDPR), clients from both companies can expect enhanced flexibility, choice, and improved service options. Additionally, this collaboration allows for combined delivery options across major cloud platforms like AWS, Azure, Google Cloud Platform, IBM Cloud, and customer-provided Nutanix infrastructure.
Expressing his enthusiasm for the acquisition, Steve Prather, CEO of Dizzion, remarked, “We are excited to bring the Frame and Dizzion families together and to continue working closely with Nutanix, strengthening our leading position in the End User Computing (EUC) sector.” Mr. Prather believes that the union of Dizzion and Frame will result in the most comprehensive DaaS offering currently available on a global scale, catering to various market and customer trends in Managed DaaS.
Tarkan Maner, Chief Commercial Officer of Nutanix, also voiced his optimism about the collaboration, stating, “the strengths of Dizzion and Frame combined will enable customers to deploy cutting-edge DaaS solutions.” Nutanix, known for its cloud platform, aims to work closely with Dizzion to provide clients with a complete DaaS solution that includes their own Nutanix Cloud Platform. The financial advisory for Nutanix throughout this transaction was provided solely by AQ Technology Partners.
HIPAA, PCI-DSS, GDPR, and SOC 2 Type II Compliance
“We are thrilled to unite the Frame and Dizzion families and to continue to work closely with Nutanix, increasing our leadership position in the End User Computing (EUC) market,” said Steve Prather, CEO at Dizzion.
Dizzion, established in 2011 and backed by private equity, is a DaaS provider catering to the remote workforce across the globe. Their cloud platform would ensure maximum productivity for remote work scenarios while also prioritizing client security and compliance with regulations such as HIPAA, PCI-DSS, GDPR, and SOC 2 Type II. Through their AnyCloud worldwide delivery, seamless hybrid IT integration, zLink secure endpoints, and C3 orchestration and analytics, Dizzion would empower customers in their digital transformation endeavors.
Frame, on the other hand, was founded in 2012 and gained recognition for its pioneering capability to stream desktops and programs from the cloud to standard web browsers, effectively converting Windows software into web apps. Nutanix acquired Frame in 2018, recognizing their success as a DaaS and application streaming company. Frame has continued to thrive, expanding its supported infrastructure options beyond AWS, Azure, and Google Cloud to encompass Nutanix Hybrid Cloud Platform, aligning with the growing demand for remote and hybrid work solutions.
LLR Partners, a private equity firm specializing in technology and healthcare investments, played a crucial role in facilitating this acquisition. LLR Partners collaborates with its portfolio companies to identify and implement significant growth strategies, with a focus on building long-term value. With over $5 billion raised across six funds since its establishment in 1999, LLR Partners has become a trusted source of flexible equity capital for expansion, recapitalizations, and buyouts.
