Portfolio Company News: FRAME joins Nutanix
Nutanix, Inc. (NASDAQ: NTNX), a leader in enterprise cloud computing, announced that it has entered into a definitive agreement to acquire BVA portfolio company Frame, a leader in cloud-based Windows desktop and application delivery.
With Frame, Nutanix customers will be able to deliver desktops-as-a-service (DaaS) from multiple clouds, combining the consumer-grade simplicity and web-scale design of cloud applications with the functionality of traditional virtual desktop applications. According to Gartner, “by 2019, 50% of new VDI users will be deployed on DaaS platforms.”
Congratulations to Nikola and the Frame team, we are exited about the amazing synergies. BVA will continue to advise through the closing.