Pure Storage acquires Portworx for $370m

Pure Storage has entered into a definitive agreement to acquire Portworx for approximately $370 million in cash.

The deal represents Pure’s largest acquisition to date and its expansion into the growing market for multi-cloud data services to support Kubernetes and containers.

Chairman and chief executive Charles Giancarlo said: “This acquisition marks a significant milestone in expanding our modern data experience to cover traditional and cloud native applications alike.”

A statement explained that by combining Portworx container data services with Pure’s data platforms and Pure Service Orchestrator software, it aims to 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.

Portworx chief executive Murli Thirumale said: “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.”

Portworx is used by enterprises including Carrefour, Comcast, GE Digital, Kroger, Lufthansa and T-Mobile.

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