MARKET MOVEMENT
Pure Storage to acquire Portworx
Pure Storage , an IT pioneer that delivers Storage-as-a-Service in a multi-cloud world , has announced it has entered into a definitive agreement to acquire Portworx , a leading Kubernetes data services platform which enterprises trust to run mission-critical applications in containers in production , for approximately US $ 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 multicloud 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 its 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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Secureworks to acquire Delve Laboratories
Secureworks , a leader in software-driven security solutions , has signed a definitive agreement to acquire Delve . Delve intelligently prioritises vulnerabilities at scale and in context as part of its automated vulnerability management platform . The company ’ s SaaS solution is powered by Artificial
Intelligence ( AI ) and Machine Learning to provide customers with more accurate and actionable data about the highest risk vulnerabilities across their network , endpoints and cloud .
The acquisition demonstrates Secureworks ’ commitment to evolving its cloud-native Red Cloak Platform and extending Threat Detection and Response ( TDR ) application with new integrations , analytics and user experience improvements .
The Delve all-in-one solution , automating asset discovery , vulnerability scanning , contextual vulnerability prioritisation and remediation planning , will be available for sale as part of Secureworks ’ portfolio this quarter . Secureworks will also integrate Delve technology into the Red Cloak Platform and TDR application .
“ Against the backdrop of today ’ s digital landscape , our customers demand sophisticated , scalable solutions that respond to threats putting their business and workforce at risk ,” said Michael R . Cote , Chief Executive Officer of Secureworks . “ The acquisition of Delve will enrich Secureworks ’ intelligence , further differentiate our end to end capabilities and accelerate our transformation to deliver software with security at its core .”
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