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{{short description|American enterprise virtualization and storage company}}
{{Infobox company
| name = Nutanix, Inc.
| logo = Nutanix-Logo-Charcoal-Gray-Digital.svg
| image = 
| predecessor = 
| founded = {{Start date and age|2009}}
| type = [[Public company|Public]]
| traded_as = {{ubl|class=nowrap|{{NASDAQ |NTNX}} (Class A)|[[Russell 1000]] component}}
| founders = {{ubl|[[Dheeraj Pandey]] | [[Mohit Aron]] | Ajeet Singh }}
| defunct = <!-- {{End date|YYYY|MM|DD}} -->
| key_people = Rajiv Ramaswami ([[President (corporate title)|president]] & [[Chief executive officer|CEO]])
| products = {{ubl|Enterprise cloud platform |Business software |[[Internet of things]]}}
| revenue = {{increase}} {{US$|2,149 million|link=yes}} (2024)
| operating_income = {{increase}} {{US$|7.56 million}} (2024)
| net_income = {{increasenegative}} −{{US$|125 million}} (2024)
| assets = {{decrease}} {{US$|2,144 million}} (2024)
| equity = {{decrease}} −{{US$|728 million}} (2024)
| num_employees = 7,150 (2024)
| website = {{URL|https://nutanix.com/}}
| hq_location_city = [[San Jose, California]]
| hq_location_country = U.S.
| footnotes = Financials {{as of|2024|07|31|lc=y|df=US}}.<ref name=AnnualR2023>{{cite web|title=Nutanix, Inc. FY 2024 Annual Report (Form 10-K) |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1618732/000095017024108159/ntnx-20240731.htm |date=September 19, 2024 |publisher=U.S. Securities and Exchange Commission}}</ref>
}}

'''Nutanix, Inc.''' is an American cloud computing company that sells software for datacenters and hybrid multi-cloud deployments. This includes software for virtualization, Kubernetes, database-as-a-service, software-defined networking, security, as well as [[software-defined storage]] for file, object, and block storage.<ref>{{cite web |title=Nutanix Cloud Platform and Cloud Products |url=https://www.nutanix.com/products |access-date=7 December 2023 |website=Nutanix, Inc}}</ref>

==History==
Nutanix was founded on September 23, 2009, by Dheeraj Pandey, [[Mohit Aron]] and Ajeet Singh. In early 2013 Aron left Nutanix to start [[Cohesity]],  a privately held [[computer data storage]] company.<ref name="Networkworld">{{cite web |author= Bob Brown |title =Google-infused storage startup Cohesity reveals itself|date = June 17, 2015 | url =https://www.networkworld.com/article/940170/google-infused-storage-startup-cohesity-reveals-itself.html | access-date =  September 6, 2016 }}</ref>

[[Venture capital]] firms invested $312.2 million over five rounds of funding in Nutanix. The company reached a $1 billion valuation by 2013, which made it known as a "[[Unicorn (finance)|unicorn startup]]".<ref>{{Cite news|url=https://blogs.wsj.com/venturecapital/2014/01/14/nutanix-joins-the-1-billion-valuation-club-as-it-takes-on-tech-giants/|title=The Wall Street Journal|last=Gage|first=Deborah|date=January 14, 2014|work=Nutanix Joins the $1 Billion Valuation Club as It Takes On Tech Giants|access-date=September 10, 2016|via=The Wall Street Journal}}</ref> It raised $140 million in a [[Venture round#Round names|Series E]] round of financing in 2014, valuing the company at approximately $2 billion.<ref>{{cite news|url=https://techcrunch.com/2014/08/27/nutanix-lands-140m-on-2b-valuation-to-keep-growing-converged-infrastructure/|title=Nutanix Lands $140M On $2B+ Valuation, IPO Could Be Next|last=Miller|first=Ron|date=27 August 2014|newspaper=Tech Crunch|access-date=1 September 2014}}</ref>
Nutanix's backers included [[Lightspeed Venture Partners]], [[Khosla Ventures]], and [[Blumberg Capital]].<ref>{{cite news |title=Data storage provider Nutanix soars in market debut |website=Reuters |date= September 30, 2016 |author= Sruthi Shankar, Heather Somerville |url= https://www.reuters.com/article/us-nutanix-ipo/data-storage-provider-nutanix-soars-in-market-debut-idUSKCN12021N |access-date= December 2, 2021 }}</ref>

Nutanix filed for an [[initial public offering]] (IPO) in December 2015, reporting a net loss in its fiscal year ending July 2015 of $126 million.<ref>{{Cite web|url=https://www.sec.gov/Archives/edgar/data/1618732/000119312515411021/d937439ds1.htm|title=Form S-1 Registration Statement|date=December 22, 2015|publisher=US Securities and Exchange Commission|access-date=August 29, 2016}}</ref> In August 2016, Nutanix announced it had acquired [[PernixData]].<ref>{{Cite news|url=http://www.bizjournals.com/sanjose/blog/techflash/2016/08/nutanix-scoops-pair-of-companies.html|title=Nutanix scoops up pair of companies|date=August 28, 2016|work=Silicon Valley Business Journal|author=Cromwell Shubarth|access-date=August 29, 2016}}</ref>

The IPO on September 30, 2016, raised about $230 million after selling 14.87 million shares at a price of $16.<ref>{{cite news |title=Nutanix IPO shows risks of 'unicorn' valuations |website=Reuters |url=https://www.reuters.com/article/us-nutanix-ipo-idUSKCN11Z2XR |access-date=May 14, 2020 }}</ref><ref>{{Cite news |title= Nutanix aims to crack open the tech IPO window |author= Ari Levy |date= September 30, 2016 |url= https://www.cnbc.com/2016/09/30/nutanix-aims-to-crack-open-the-tech-ipo-window.html |publisher= CNBC |access-date= September 30, 2016 }}</ref> This was the biggest VC-backed IPO of 2016 in the U.S.<ref>{{cite news |title=The man behind 2016's biggest U.S. tech IPO shares how the deal went down |website=Mercury News |url=https://www.mercurynews.com/2017/04/20/man-behind-2016-biggest-tech-ipo-shares-how-deal-went-down/ |access-date=May 14, 2020}}</ref> Analysts expected Nutanix's public offering would be delayed.<ref>{{Cite news|url=https://www.thestreet.com/story/13689512/1/cnbc-s-pisani-forecasts-possible-fall-ipos.html|title=The Street|last=Bruno|first=Giovanni|date=August 30, 2016|work=CNBC's Pisani Forecasts Possible Fall IPOs|access-date=September 10, 2016|via=The Street}}</ref>

In May 2017, Nutanix partnered with [[IBM]] to create a series of datacenter hardware appliances using IBM Power Systems for [[Business software|business apps]].<ref>{{Cite news|url=https://thestack.com/data-centre/2017/05/16/nutanix-partners-with-ibm-on-data-centre-product/|title=Nutanix partners with IBM on data centre product|date=2017-05-16|work=The Stack|access-date=2017-11-17|language=en-GB|archive-url=https://web.archive.org/web/20171117122113/https://thestack.com/data-centre/2017/05/16/nutanix-partners-with-ibm-on-data-centre-product/|archive-date=2017-11-17|url-status=dead}}</ref>

In March 2018, Nutanix announced the acquisition of Minjar, based in [[Bangalore]]<ref>{{cite news |access-date=17 March 2018 | date=March 3, 2018 |website=The Times of India |title=Nutanix buys Bengaluru-based Minjar |url= https://timesofindia.indiatimes.com/deals/-ma/nutanix-buys-bengaluru-based-minjar/articleshow/63143862.cms}}</ref> and [[Netsil]],<ref>{{Cite web|url=https://www.nutanix.com/press-releases/2018/nutanix-announces-definitive-agreement-acquire-netsil|title=Nutanix Announces Definitive Agreement to Acquire Netsil|date=14 March 2018|website=Nutanix|archive-url=https://web.archive.org/web/20230327000801/https://www.nutanix.com/press-releases/2018/nutanix-announces-definitive-agreement-acquire-netsil|archive-date=27 March 2023|access-date=26 March 2023|df=dmy-all}}</ref> a San Francisco-based cloud application monitoring startup. Later the same year, Nutanix acquired the DaaS startup Frame.<ref>{{cite news |url=https://searchvirtualdesktop.techtarget.com/opinion/One-year-since-the-acquisition-how-has-Nutanix-Xi-Frame-progressed |title=One year since the acquisition, how has Nutanix Xi Frame progressed?|last=Berry|first=Rachel|date=9 December 2019 |work=Tech Target}}</ref>

On June 1, 2019, Nutanix appointed Brian Stevens to its board of directors.<ref>{{Cite web|url=https://www.nutanix.com/press-releases/2019/nutanix-appoints-brian-stevens-to-board-of-directors.html|title=Nutanix Appoints Brian Stevens to Board of Directors|date=1 June 2019|website=Nutanix|archive-url=https://web.archive.org/web/20190725144204/https://www.nutanix.com/press-releases/2019/nutanix-appoints-brian-stevens-to-board-of-directors|archive-date=25 July 2019|access-date=25 July 2019|df=dmy-all}}</ref> In March 2020, [[Sohaib Abbasi]] joined the company's board of directors.<ref>{{cite news |title=Sohaib Abbasi joins Nutanix board of directors |website=Help Net Security |url=https://www.helpnetsecurity.com/2020/03/25/nutanix-sohaib-abbasi/ |access-date=May 14, 2020 }}</ref>

Due to the [[COVID-19 pandemic]], Nutanix announced a furlough impacting about 1,500 employees in April 2020.<ref>{{cite web|url=https://www.crn.com/news/cloud/nutanix-confirms-furloughs-of-nearly-1-500-employees |title=Nutanix Confirms Furloughs Of Nearly 1,500 Employees |date=May 4, 2020 |first=Mark |last=Haranas |publisher=[[CRN (magazine)|CRN]]}}</ref> In June 2020, Nutanix added Virginia Gambale to its board of directors.
<ref>{{cite news |url=https://www.businesswire.com/news/home/20200604005758/en/Nutanix-Appoints-Virginia-Gambale-Board-Directors |title=Nutanix Appoints Virginia Gambale to Its Board of Directors|date=4 June 2020 |work=BusinessWire}}</ref>
In December, 2020, Pandey was replaced as Chief Executive by Rajiv Ramaswami, who had been the Chief Operating Officer at [[VMware]].<ref>{{Cite news |title= VMware COO Jumps Ship To Become New Nutanix CEO |work= CRN |url= https://www.crn.com/news/data-center/vmware-coo-jumps-ship-to-become-new-nutanix-ceo |date= December 9, 2020 |access-date= December 2, 2021 }}</ref>
VMware filed a lawsuit, alleging a conflict of interest, but dropped the legal fight a year later.<ref>{{Cite news |title= Nutanix, VMware end legal fight over CEO Rajiv Ramaswami: Now they can get back to arguing about computers and clouds |url= https://www.theregister.com/2021/12/02/vmware_nutanix_ceo_case_ends/ |work= The Register |author= Simon Sharwood |date= December 2, 2021 |access-date= December 2, 2021 }}</ref>

In 2021, the company transitioned from making hardware appliances to focusing on subscription software.<ref>{{cite news |url=https://realmoney.thestreet.com/investing/nutanix-may-find-buying-support-soon-15588824 |title=Nutanix May Find Buying Support Soon|last=Kamich|first=Bruce|date=8 March 2021 |work=Real Money}}</ref><ref>{{cite news |url=https://www.nextplatform.com/2021/04/06/vast-data-sheds-hardware-business-to-tackle-largest-users/ |title=VAST DATA SHEDS HARDWARE BUSINESS TO TACKLE LARGEST USERS|last=Hemsoth|first=Nicole|date=6 April 2021 |work=The Next Platform}}</ref>

In 2022, [[MinIO]] alleged that Nutanix had been violating MinIO's free software license for the past three years, with good faith negotiations over the matter breaking down and Nutanix' license being revoked as a consequence.<ref>{{cite news |title=Nutanix Objects Violates MinIO's Open Source License |date= July 19, 2022 |access-date= July 19, 2022 |url=https://blog.min.io/nutanix-objects-violates-minios-open-source-license/}}</ref>

===Acquisitions===

{| class="wikitable sortable"
|-
! Date
! Company
! class="unsortable" | Description
! References
|-
| {{dts|2016|August}}
| PernixData
| Software for virtualizing server-side flash memory and random-access memory.
| <ref>{{cite web
|url=https://finance.yahoo.com/news/nutanix-acquires-two-startups-amid-ipo-delay-012513668--sector.html
|title=Nutanix acquires two startups amid IPO delay | first=Heather | last=Somerville
|publisher=[[Yahoo! Finance]]
}}</ref>
|-
| {{dts|2016|August}}
| Calm.io
| DevOps automation platform
| <ref>{{cite web | url=https://www.bizjournals.com/sanjose/blog/techflash/2016/08/nutanix-scoops-pair-of-companies.html | title=Nutanix scoops up pair of companies | first=Cromwell  | last=Schubarth | publisher=[[Silicon Valley Business Journal]] | date=August 28, 2016}}</ref>
|-
| {{dts|2018|March}}
| Netsil
| Cloud application monitoring startup
| <ref>{{cite web | url=https://www.sdxcentral.com/articles/news/nutanixs-second-acquisition-cloud-app-monitoring-startup-netsil/2018/03/ | title=Nutanix's Second Acquisition This Month Is Cloud App Monitoring Startup Netsil | first=Jessica | last=Hardcastle | publisher=[[SDxCentral]] | date=March 12, 2018}}</ref>
|-
| {{dts|2018|March}}
| Minjar
| The maker of Botmetric, a service for public clouds.
| <ref>{{cite web | url=https://timesofindia.indiatimes.com/deals/-ma/nutanix-buys-bengaluru-based-minjar/articleshow/63143862.cms | title=Nutanix buys Bengaluru-based Minjar | work=[[The Times of India]]
| date=March 3, 2018}}</ref>
|-
| {{dts|2018|August}}
| MainFrame2 Inc. 
| Cloud-based Windows desktop and application delivery
| <ref>{{cite web | url=https://www.sdxcentral.com/articles/news/nutanix-boosts-cloud-stack-165m-frame-acquisition/2018/08/ | title=Nutanix Boosts Its Cloud Stack With $165M Frame Acquisition | first=Jessica  | last=Hardcastle | publisher=[[SDxCentral]] | date=August 3, 2018}}</ref>
|}

==Operations==
Nutanix combines [[Computer data storage|storage]], [[computing]], and [[virtualization]]. The company's software product families include Acropolis, Prism, Era, Frame, and Files.<ref>{{cite news |title=Nutanix IncNTNX.OQ |website=Reuters |url=https://www.reuters.com/companies/NTNX.OQ |access-date=May 14, 2020 }}</ref><ref>{{cite news |url=https://www.techzine.eu/blogs/cloud/48072/nutanix-frame-lets-any-application-run-from-your-browser/ |title=Nutanix Frame lets any application run from your browser|last=van Eenbergen|first=Coen|date=9 July 2020 |work=Techzine}}</ref><ref>{{cite news |url=https://www.helpnetsecurity.com/2020/10/08/nutanix-era-2-0/ |title=Nutanix Era 2.0: Increased scale and reduced costs for IT and database teams|date=8 October 2020 |work=Help Net Security}}</ref><ref>{{cite news |url=https://www.storagereview.com/news/nutanix-files-and-objects-gets-new-capabilities |title=Nutanix Files and Objects Gets New Capabilities|last=Armstrong|first=Adam|date=3 December 2020 |work=Storage Review}}</ref> In 2015, Nutanix was reported to have built a Linux KVM based [[hypervisor]], called AHV (Acropolis HyperVisor) in order to make managing computer infrastructure easier.<ref>{{cite news |title=Nutanix ''did'' build 'Acropolis' hypervisor, wants you to bury it |website=The Register |url=https://www.theregister.co.uk/2015/06/09/nutanix_acropolis_and_prism/ |access-date=May 14, 2020 }}</ref>

Nutanix marketed its products as "[[hyper-converged infrastructure]]".<ref>{{cite news |title=Google Could Acquire Nutanix For $9 Billion To Further Its Cloud Ambitions |website=Forbes |url=https://www.forbes.com/sites/greatspeculations/2019/09/10/google-could-acquire-nutanix-for-9-billion-to-further-its-cloud-ambitions/#7b0b394734a9 |access-date=May 14, 2020 }}</ref>
In 2020, the company shifted to a [[subscription business model]].<ref>{{cite news |title=Nutanix Stumbles on Sales Execution and Subscription Model Growing Pains| website=The Motley Fool |url=https://www.fool.com/investing/2019/06/03/nutanix-stumbles-on-sales-execution-and-subscripti.aspx |access-date=May 15, 2020 }}</ref>

==See also==
* [[Harvester (HCI)]]

==References==
{{reflist}}

{{Cloud computing}}

[[Category:Software companies established in 2009]]
[[Category:Cloud infrastructure]]
[[Category:Companies listed on the Nasdaq]]
[[Category:2016 initial public offerings]]
[[Category:2009 establishments in California]]