Pure Storage to Acquire Container Platform Portworx

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Pure Storage (NYSE: PSTG), the multi-cloud storage as-a-service vendor, has agreed to acquire ​Portworx​, a Kubernetes data services platform, for approximately $370 million.

Portworx is used for 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 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,” the company said in its announcement. “With Portworx, Pure delivers the industry’s most complete platform for every stage of the cloud native journey.” 

Pure said it taps into a market in which 95 percent of new applications are developed in containers, according to ​451 Research​. By 2025, ​Gartner​ predicts that 85 percent of global businesses will run containers in production, up from 35 percent 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,” the company said. “Cloud native applications deserve a storage services platform purpose-built to address these challenges.”

“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’ platform is used by 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​.