itb-au logo
Story image

Pure Storage makes hybrid cloud play with new acquisition

03 Apr 2019

The idea of hybrid cloud has immersed the world of IT since its inception, and now Pure Storage is accelerating its vision.

The data solutions company announced today that it has entered into a definitive aggrement to acquire Compuverde, a developer of file software solutions for enterprises and cloud providers.

Pure Storage cites an IDC study that shows among enterprises there is a growing demand for file-based shared storage in the public cloud. to justify its investment. According to the report, 79% of end users leverage file-based storage for unstructured data associated with mission-critical workloads.

Therefore, 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.

Based in Sweden, Compuverde brings to Pure Storage an ecosystem of technology partnerships and a scalable software solution that is deployed across global organisations in telecom, financial services, and media industries.

Pure Storage chairman and CEO Charles Giancarlo is confident Compuverde will expand Pure Storage’s file capabilities, enabling enterprises to take advantage of advanced file offerings. This additional functionality, Giancarlo says, is part of Pure Storage’s long-term 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.

“We’re excited about the opportunities that the Compuverde team and technology bring to Pure’s existing portfolio,” says Giancarlo.

“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 price of the acquisition and date of completion were not disclosed.

Story image
Cybercriminals are leveraging AI for malicious use
"At a time where the public is getting increasingly concerned about the possible misuse of AI, we have to be transparent about the threats."More
Story image
Webinar: TLC for Kids on their usage of Nintex Drawloop DocGen
The charity is using the software to free up resources and enable its team to focus on its mission — which, simply put, is to put smiles back on sick kids’ faces. It does this through its TLC Ambulance, Rapid TLC, and distraction box programs, and its services are used over a million times each year across Australia.More
Story image
Organisations struggling to realise full business value from cloud investments
“Our study shows a surprisingly small two-year improvement in returns on corporate cloud initiatives, suggesting that a more thoughtful and holistic approach is needed to fully unlock the value of cloud.”More
Story image
Ransomware the most common cyber threat to SMBs - report
The survey found that 60% of managed service providers report that their SMB clients have been hit as of Q3 2020. More
Story image
AR and VR presents huge potential for construction industry, but businesses slow to adopt
According to GlobalData, the construction industry is slowly shifting from years of the wait-and-watch stance to adopting digital technologies to improve the overall project lifecycle from conceptual design to construction.More
Story image
Cybermerc launches AU cyber threat intelligence platform, AUSHIELD
So far Australian National University, Fortinet, Anomali, Elastic, Vault Cloud, and startups SecureStack and Countersight have joined the project.More