Pure Storage to Acquire Portworx, Creating the Industry's Most Complete Kubernetes Data Services Platform for Cloud Native Applications

To accelerate customers’ hybrid and multi-cloud strategies, Pure to provide Kubernetes data services that run on any cloud, any storage, and any infrastructure, simplifying every stage of the cloud native journey
Pure Storage Acquires Portworx

Mountain View, Calif. – September 16, 2020 — Pure Storage (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, today announced it has entered into a definitive agreement to acquire Portworx, the leading 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."

Chairman and CEO, Pure Storage
Charles Giancarlo

“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.  

Digital leaders are increasingly turning to the cloud native stack to process data into value and insight. Today, 95% of new applications are developed in containers according to 451 Research. By 2025, Gartner predicts that 85% of global businesses will be running containers in production, up from 35% in 2019. Yet, as cloud native scales, traditional and cloud-based storage can struggle to keep-up with the fluid nature of microservice applications deployed in containers, making data resiliency, mobility, security, backup, and recovery a challenge, especially in multi-cloud deployments. Cloud native applications deserve a storage services platform purpose-built to address these challenges. Together, Portworx and Pure deliver this, today.

“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,” said Murli Thirumale, CEO, Portworx. “We are excited for the accelerated growth and customer impact we will be able to achieve as a part of Pure.”

Portworx is the industry’s leading Kubernetes Data Services Platform used by enterprises including Carrefour, Comcast, GE Digital, Kroger, Lufthansa, and T-Mobile and was named the Leader in the 2020 GigaOm Radar for Data Storage for Kubernetes report

“As a leader in multi-cloud and on-premise log management solutions, data is at the heart of our business,” said Tucker Callaway, CEO, LogDNA. “We work with Portworx because they provide the market-leading Kubernetes data services platform that allows us to offer the same fast, reliable, protected, and secure logging solutions to our customers, no matter where they decide to run their applications. We can see the power of this combination and look forward to many more years of sustained data-driven innovation from Pure Storage and Portworx.”

"Esri's ArcGIS software delivers location intelligence for some of the world's most pressing problems including Covid-19 tracking, fire mapping and disaster management," said Brian Cross, Director of Professional Services, Esri. "We are proud to have worked with Portworx to implement cutting-edge cloud native storage technologies allowing our customers to solve these types of geospatial problems at massive scales. Portworx is a key partner for Esri as we develop and release our next generation of Kubernetes-based real-time capabilities, and we look forward to continuing our work together as it evolves with Pure Storage."

“In 2019 we evaluated Kubernetes storage platforms for one of our services and after thorough research we decided on Portworx,” said Sven Sonnendorfer, Community Manager, Audi Business Innovation, a 100% subsidiary of Audi AG who provide cloud services to VW Group members. “The improved performance compared to the standard Kubernetes storage provider, the included features, reliable operations and upgrades and the great support demonstrate that this was the right decision. Portworx saves us time and money by providing more reliable tooling to our customers.”

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Forward-Looking Statements
This release contains forward-looking statements including, among other things, statements regarding the expected performance, features and benefits of the product offerings of Pure and Portworx, as well as the expected benefits of the combination of these companies. The words "believe," "may," "will," "plan," "expect," and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to risks, uncertainties, and assumptions. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Risks include, but are not limited to, risks described in our filings with the Securities and Exchange Commission (SEC), including future reports that we may file with the SEC from time to time, which could cause actual results to vary from expectations. Pure assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release.

Any unreleased products, features, or functions referenced in this release, our website or other press releases or public statements that are not currently available are subject to change at Pure's discretion and may not be delivered as planned or at all. Customers who purchase Pure's product offerings should make their purchase decisions based upon products, features and functions that are currently available.

퓨어스토리지  소개

퓨어스토리지는 인프라스트럭처의 복잡성과 비용을 줄이는 동시에 데이터의 가능성을 극대화하는 클라우드 경험으로 데이터 스토리지를 간소화하고 있다. 또한 진정한 서비스형 스토리지를 통해 전통적인 워크로드, 현대적인 애플리케이션 및 컨테이너와 상관없이 변화하는 데이터의 요구사항에 맞춰 인프라스트럭처를 빠르게 확장할 수 있는 민첩성을 제공하고 있다. 퓨어스토리지는 고객추천지수에서 B2B 기업 중 상위 1%의 점수를 기록했으며, 전세계 고객 기반을 지속적으로 확대하며 고객 만족도를 향상시키고 있다. 보다 더 자세한 내용은 홈페이지(www.purestorage.com/kr)에서 확인할 수 있다.

Pure Storage, the Pure P Logo, Portworx 및 퓨어스토리지 등록 상표 리스트(www.purestorage.com/legal/productenduserinfo.html) 내 상표들은 퓨어스토리지의 상표 또는 등록 상표다. 본 문서에서 언급된 기타 모든 상표는 각 해당 소유권자의 재산이다.

미디어 문의
Kaylin Deutscher
Pure Storage
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