Nutanix buys Ryax in Agentic AI-focused tuck-in acquisition

retained text

AI/ML
Nutanix buys Ryax in Agentic AI-focused tuck-in acquisition
Nutanix is buying French software developer Ryax Technologies and its software to to build, run and govern agentic AI.
The acquisition will boost Nutanix’s strategy to enable its customers to build, run and govern agentic AI anywhere, meaning public clouds - both hyperscalers and neoclouds, private clouds (on-prem datacenters), edge systems and even in high-performance computing (HPC) environments. Nutanix will integrate Ryax’s GPU utilization and smart scheduling capabilities directly into Nutanix Kubernetes Platform (NKP) and Nutanix Enterprise AI (NAI).
CEO Rajiv Ramswami said: "Agentic AI requires a flexible architecture, simple operations and the ability to use infrastructure far more efficiently. Our acquisition of Ryax helps to directly answer the challenges enterprises face today with agentic AI infrastructure management. The acquisition marks an exciting milestone in our commitment to simplifying enterprise AI at scale. We are thrilled to welcome the talented Ryax team to Nutanix as we continue to deliver on our promise to help customers safely run AI, applications and data anywhere."
Nutanix is seeing that organizations can struggle to move AI projects from experimentation into production because of the significant infrastructure integration and manual configuration required. Ryax solves that problem by automating the infrastructure pieces, helping to give Nutanix a unified hybrid cloud operating model.
Ryax was founded in 2017 in Lyon, France, by CEO Andry Razafinjatovo and CTO Yiannis Georgiou. It has developed containerized and AI-driven workflow orchestration software with which developers define a workflow by a series of pre-defined actions and triggers. The actions are pieces of containerized code. Ryax’s software then takes this definition and builds the workflow using the actions, and looks after the workflow app packaging, deployment, scheduling, scaling, and monitoring. The workflow app runs on Kubernetes and can also target Slurm clusters for HPC. This enables the workflow app to run on the public cloud, private infrastructure, edge, or HPC systems without rewriting code.
This means customers can automating the building of an AI Agent’s workflow app's underlying infrastructure, data, hardware and code to help deploy AI projects faster, more cost-effectively, and reliably.
Ryax features
The Ryax software core is written in Python (with gRPC, SQLAlchemy, etc.) and deployed via Helm on Kubernetes. The engine is open source on GitHub under RyaxTech/ryax-engine. Users can self-host the open-source core or use Ryax’s hosted platform. It is available on AWS Marketplace. The main tech features are:
- Serverless CPU/GPU execution
- GPU fractioning and bin-packing (Intelliscale) for better utilization
- Automatic environment packaging
- Cost-aware scheduling (the company claims up to 45% lower compute costs and 10–30% cheaper than mainstream cloud rates in some cases)
- Multi-site execution and air-gapped support in later releases
Razafinjatovo said: “The Ryax platform was built to give enterprises seamless execution across hybrid infrastructure (private data centers, hyperscalers and neoclouds alike), handling the backend complexity so teams can deploy, scale and manage AI workflows from day one. By combining our technology and talented team with Nutanix and its hybrid cloud platform, we will further empower organizations to accelerate their agentic AI initiatives seamlessly, wherever their infrastructure lives.”
Nutanix is targeting two architectural capabilities for customers:
- Intelligent Resource Optimization: The Ryax platform enables customers to make the most effective use of available computing resources, such as GPUs and CPUs, to improve performance and reduce waste.
- AI-Aware Smart Scheduling: Customers will be able to automatically place AI workloads on cost-effective hardware to help maximize performance and budget.
It plans to integrate the Ryax platform into future releases of NKP and NAI. The Ryax team will join Nutanix in France.
The main public clouds automate the provision of agentic AI infrastructure, but only inside their own environments, as does IBM's Watson X, which is available on Red Hat OpenShift. Nutanix' Ryax acquisition gives it a cross-platform capability and a match for IBM. So far Broadcom's VMware does not have a stake in this market.
Ryax funding
The financial impact of the acquisition is not material to Nutanix. Ryax funding has come from an October 2019 €1.34 million (~$1.47 million) seed equity round, a later smaller VC round, thought to be about €400k (c$440k ) and several public grants. The lead and participating investors included IT-Translation, Crédit Agricole Alpes Développement (C2AD), and business angels, with additional support from Bpifrance, Banque Populaire Rhône-Alpes, BNP Paribas, and Total Développement Régional.
Total funding looks to be in the €2.2 - 2.4 million ($2.4 -2.7 million) area. Revenues in Nutanix latest quarter, ended July 31 were $757.1 million, with free cash flow totalling $277.6 million. That gives it plenty of scope for buying a small French software business with total funding of less than $3 million, even with a 2-4x markup.
Bootnote
The Ryax name is thought to come an ancient Greek word ῥύαξ (stream) which is roughy pronounced “rhuaks”.

document fetched 2026-09-23 02:58 · canonical https://blocksandfiles.com/ai-ml/2026/09/22/nutanix-buys-ryax-in-agentic-ai-focused-tuck-in-acquisition/5298096