Pure Storage spends $370m on acquisition of Kubernetes platform Portworx
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Pure Storage spends $370m on acquisition of Kubernetes platform Portworx

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Pure Storage (NYSE: PSTG) has entered into a definitive agreement to acquire Portworx, a Kubernetes data services platform, for $370 million.

This deal is the company’s largest acquisition to date and Pure Storage’s deeper expansion into the fast-growing market for multi-cloud data services to support Kubernetes and containers.

Portworx is the Kubernetes Data Services Platform most used by Global 2000 companies to provide storage, high availability, data protection, data security, and cloud mobility for containers deployed in hybrid cloud architectures.

“As forward-thinking enterprises adopt cloud-native strategies to advance their business, we are thrilled to have the Portworx team and their ground-breaking technology joining us at Pure to expand our success in delivering multi-cloud data services for Kubernetes," said Charles Giancarlo, Chairman and CEO, Pure Storage.

“This acquisition marks a significant milestone in expanding our Modern Data Experience to cover traditional and cloud-native applications alike.”

The company added that by combining Portworx container data services with Pure’s data platforms and Pure Service Orchestrator software, Pure will provide a suite of data services that can be deployed in-cloud, on bare metal, or on enterprise arrays, all natively orchestrated in Kubernetes.

“I’m tremendously proud of what we’ve built at Portworx: an unparalleled data services platform for customers running mission-critical applications in hybrid and multi-cloud environments,” said Murli Thirumale, CEO, Portworx.

“The traction and growth we see in our business daily show that containers and Kubernetes are fundamental to the next-generation application architecture and thus competitiveness.

“We are excited for the accelerated growth and customer impact we will be able to achieve as a part of Pure.”

Portworx is a Kubernetes Data Services Platform used by enterprises including Carrefour, Comcast, GE Digital, Kroger, Lufthansa, and T-Mobile and was named the Leader in the 2020 GigaOm Radar for Data Storage for Kubernetes report.

Last month, Portworx announced the completion of its best quarter ever in both number of sales and total revenue as well as a major summer release of its Kubernetes storage platform.

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