Ingram Micro to Acquire Parallels Odin

Ingram Micro plans to acquire will acquire the Parallels Odin service automation platform along with associated cloud management technologies, intellectual property and the Odin brand from Parallels Holdings Ltd.

Also, about 500 Odin employees, many of whom are software engineers with cloud expertise, are expected to join  Ingram Micro Cloud division, led by executive vice president Nimesh Dave. Odin Service Automation will operate as a business unit of Ingram Micro.

Ingram Micro adopted and began licensing the Odin service automation platform in 2013 as the backbone of the company’s automated Cloud Marketplace. It gives partners the ability to sell their solutions to millions of customers via Ingram Micro’s wide reaching channel of resellers, telcos/carriers, hosting companies, managed service providers, system integrators and suppliers.

Ingram Micro CEO Alain Monié noted, “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.”

Parallels will maintain ownership of its two other major service provider business units, Plesk and Virtuozzo, which will be structured as separate companies. Both product lines will be available for Ingram Micro to resell to its customers.