Pure Storage to Acquire Kubernetes Storage Platform provider Portworx

Pure Storage to Acquire Kubernetes storage platform provider Portworx

Pure Storage has acquired Kubernetes storage platform provider Portworx for $370 Million in an all-cash deal.

Founded in 2014, Los Altos, California headquartered Portworx is a cloud-native storage and data management company. The company offers the industry’s first storage solution purpose-built for containers. The company has secured a total of $55.5 Million in three funding rounds, according to CrunchBase.

Executive Opinion

Chairman and CEO, Pure Storage, Charles Giancarlo, said, "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. This acquisition marks a significant milestone in expanding our Modern Data Experience to cover traditional and cloud native applications alike."

CEO, Portworx, Murli Thirumale, said, "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. The traction and growth we see in our business daily shows 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."

Pure Storage's Portworx Acquisition

Pure Storage intends to leverage Portworx's container data services with its data platforms and Pure Service Orchestrator software. Pure Storage plans to deliver data services that can be deployed in-cloud, on bare metal, or on enterprise arrays, all natively orchestrated in Kubernetes, notes the announcement.

Few of the customers of Portworx's Kubernetes Data Services Platform include Carrefour, Comcast, GE Digital, Kroger, Lufthansa, and T-Mobile, notes the announcement.

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Mandar is a seasoned software professional for more than a decade. He is Cloud, AI, IoT, Blockchain and Fintech enthusiast. He writes to benefit others from his experiences. His overall goal is to help people learn about the Cloud, AI, IoT, Blockchain and Fintech and the effects they will have economically and socially in the future.

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