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Pure Storage to buy Compuverde

Deal to acquire enterprise file solution specialist will complement Pure Storage's capabilities

The expanding suite of hybrid data services will help customers make the most of their assets, says Giancarlo.
The expanding suite of hybrid data services will help customers make the most of their assets, says Giancarlo.

Pure Storage has announced that it will acquire enterprise file software solutions provider Compuverde.

Acquisition of Sweden-based Compuverde will expand Pure Storage's file capabilities with advanced offerings which will reinforce Pure's strategy of enabling customers to implement true hybrid architecture, the company said.

Financial details of the deal were not disclosed.

The deal is expected to close this month.

"We're excited about the opportunities that the Compuverde team and technology bring to Pure's existing portfolio," said Charles Giancarlo, Chairman and CEO. "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."

Compuverde brings a robust ecosystem of technology partnerships and the company's highly scalable software solution is deployed across global organizations in telecom, financial services, and media industries.