Azul has acquired Worcestershire-based Payara, a global provider of enterprise-grade solutions for Jakarta EE (Java EE) applications and microservices.
The acquisition builds on nearly eight years of collaboration between the two firms.
The announcement follows California-headquartered Azul鈥檚 majority investment from Thoma Bravo, alongside renewed minority investments from the company鈥檚 existing private equity sponsors, Vitruvian Partners and Lead Edge Capital.
The deal brings together Azul鈥檚 Java runtime and platform capabilities with Payara鈥檚 strength in application servers for hybrid and cloud-native deployments, targeting challenges such as application modernisation, cloud-native agility and reducing reliance on proprietary stacks like Oracle.
鈥淭his strategic acquisition is further testament to Azul鈥檚 commitment to support the needs of our global enterprise customer base,鈥� said Scott Sellers, co-founder and CEO of Azul.聽
鈥淧ayara delivers proven products that are naturally synergistic with our existing offerings and brings additional deep technical expertise to the world鈥檚 largest independent Java engineering team.聽
鈥淭ogether, we will accelerate growth and innovation, expand our roadmap and deliver even greater value to our customers.鈥�
Steve Millidge, founder and CEO at Payara, added: 鈥淭his is a major new chapter for Payara.聽
鈥淎fter a strong and long-standing partnership with Azul, combining forces is the natural next step and positions us for accelerated growth.聽
鈥淭ogether, we will strengthen mission-critical solutions for enterprise Java customers and deliver greater performance, security and innovation across the Java ecosystem.鈥澛�
Adding Payara鈥檚 solutions to the company鈥檚 Java portfolio expands its offerings in the application server segment and adds an estimated $26 billion total addressable market projected to grow at a compound annual growth rate of 11-14%.聽