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Pure Storage to Acquire Portworx
September 16, 2020
Pure Storage entered into a definitive agreement to acquire Portworx, a Kubernetes data services platform enterprises trust to run mission-critical applications in containers in production, for approximately $370 million in cash.
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.
"As forward-thinking enterprises adopt cloud native strategies to advance their business, we are thrilled to have the Portworx team and their groundbreaking 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."
Portworx is the Kubernetes Data Services Platform most used by Global 2000 companies to provide persistent storage, high availability, data protection, data security, and cloud mobility for containers deployed in hybrid cloud architectures. 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. With Portworx, Pure delivers the industry's most complete platform for every stage of the cloud native journey.
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