Pure Storage, Inc. entered into a definitive agreement to acquire Compuverde AB, developer of file software solutions for enterprises and cloud providers based in Sweden.
Compuverde will expand Pure’s file capabilities, enabling enterprises to take advantage of file offerings. The additional functionality reinforces Pure’s strategy to empower customers to implement true hybrid architectures – whether they choose to leverage data on-prem, in the cloud, or increasingly a mix of both.
Within enterprises, there is a growing demand for file-based shared storage in the public cloud. According to IDC, 79% of end users leverage file-based storage for unstructured data associated with mission-critical workloads. As more enterprise applications are deployed in a hybrid cloud architecture, file-based storage that offers the same advanced functionality as the on-prem environment can help reduce challenges to movement.
Compuverde brings an ecosystem of technology partnerships and the company’s scalable software solution is deployed across global organizations in telecom, financial services and media industries.
“We’re excited about the opportunities that the Compuverde team and technology bring to Pure’s existing portfolio,” said Charles Giancarlo, chairman and CEO, Pure. “As IT strategies evolve, enterprises look to leverage the innovations of the public cloud in conjunction with their on-prem solutions. Through our expanding suite of hybrid data solutions such as cloud data services, we continue to help our customers make the most of their data assets.”
The financial terms of the acquisition are not being disclosed.
The acquisition is expected to close in April 2019.
Surprise for the market but real strategy for FlashBlade behind this move, Pure Storage continues to swallow technology now with Compuverde following StorReduce a few months ago.
FlashBlade is not present on AWS, GCP and Azure and the company needs to offer something, it starts to be urgent, with the pressure of several key players such Microsoft Avere, NetApp, Panzura, Quobyte, Rozo, Zadara and soon others and the enterprise cloud adoption.
It confirms also that Sofware-Defined Storage is key for cloud adoption. Compuverde has an interesting approach with the support of various deployment models: on-premise, bare-metal, hyper-converged... We anticipate very soon a multi-cloud file services from Pure Storage.
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