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Pure Storage to Acquire Portworx for USD 370m
Friday 18 September 2020

California-based storage-as-a-service provider Pure Storage (NYSE: PSTG) has agreed to acquire Kubernetes data services platform Portworx for approximately USD 370m in cash, the company said.

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

This acquisition marks a significant milestone in expanding Pure Storage's Modern Data Experience to cover traditional and cloud native applications alike.

By combining Portworx container data services with Pure's industry-leading data platforms and Pure Service Orchestrator software, Pure will provide a comprehensive suite of data services that can be deployed in-cloud, on bare metal, or on enterprise arrays, all natively orchestrated in Kubernetes.

Pure Storage delivers a modern data experience that empowers organisations to run their operations as a true, automated, storage as-a-service model seamlessly across multiple clouds.
Date Published: 18/09/2020