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Dizzion Acquires Frame From Nutanix To Accelerate Growth In Daas Market

PRIVATEJun 06, 2023

Acquiring Company

Dizzion, Inc.

Acquired Company

Frame

DenverCulver CityOtherSoftwareinformation technology & servicesFashionRetailBlockchain

Description

Dizzion, a leading provider of Desktop as a Service (DaaS) and Composable Digital Workspaces, announced the closing of the acquisition of the Frame business unit from Nutanix (NASDAQ: NTNX). Combining Dizzion with Frame will create one of the largest independent DaaS companies, with industry-leading service capabilities delivered globally.

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Company Information

Company

Dizzion, Inc.

Location

600 17TH ST #2600S

Denver, Colorado, United States

About

Dizzion, Inc. is a leading provider of high-performance Desktop as a Service (DaaS) to the global remote workforce. Founded in 2011 and backed by private equity firm LLR Partners, Dizzion's proven, end-user cloud platform enables maximum work-from-anywhere success while protecting customers with real HIPAA, PCI-DSS, GDPR and SOC 2 Type II compliance. Customers further digital transformation with AnyCloud global delivery, seamless hybrid IT integration, zLink secure endpoints, and C3 orchestration and analytics.

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Frequently asked

Who acquired Frame?

Frame was acquired by Dizzion, Inc., based in Denver. The deal was reported on June 6, 2023. Dizzion, Inc. is a leading provider of high-performance Desktop as a Service (DaaS) to the global remote workforce. Dizzion, Inc. is privately held and operates in Other.

When did Dizzion, Inc. acquire Frame?

Dizzion, Inc.'s acquisition of Frame was reported on June 6, 2023. Dizzion, a leading provider of Desktop as a Service (DaaS) and Composable Digital Workspaces, announced the closing of the acquisition of the Frame business unit from Nutanix (NASDAQ: NTNX). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Frame do?

FRAME is a Californian fashion brand founded in 2012 by Erik Torstensson and Jens Grede, celebrated for its signature tailoring, luxury leather, and premium cashmere. It is privately held, operating in Fashion, and is based in Culver City.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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