Pivot3 Acquires NexGen Storage, a Provider of All-Flash, Hybrid Storage
Pivot3 says adding NexGen’s product portfolio rounds out its dynamic hyper-converged solutions.
AUSTIN, Texas — Pivot3 announced on Wednesday that it will acquire NexGen Storage, a privately held provider of hybrid storage appliances, dynamic all-flash arrays and Quality of Service (QoS) capabilities.
Pivot3 executed a definitive agreement to acquire NexGen following the unanimous approval of the Boards of Directors of Pivot3 and NexGen.
By adding NexGen’s portfolio of products, Pivot3 says it will deliver the industry’s most complete set of dynamic hyper-converged solutions. Enterprise and mid-market companies will have access to a suite of solutions that will allow them to apply the right infrastructure and priority to each workload, application or business service according to business value, the company says.
“Everyone talks about the need for agility in terms of business needs, but in hyper-convergence, workload utilization and performance have been gating factors to expansion beyond the usual initial use cases,” said Ron Nash, CEO of Pivot3. “With the addition of NexGen’s capabilities, Pivot3 is now the only company in the market that broadly and deeply addresses this central data center challenge with a solution that allows IT to prioritize application performance based on business priority. We believe this agility is critical as customers move from legacy data centers to a software-defined data center that effortlessly handles a heterogeneous set of workloads.
“We welcome the NexGen customers, partners and team to Pivot3.”
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John Spiers, founder and CEO of NexGen, said the company is proud of its “rich history” and reputation in technology storage products.
“We see enormous synergies in bringing together these two innovative businesses,” Spiers said. “The pedigrees of our teams in the storage and high-performance computing markets are unparalleled in the industry. Combining these powerful teams and innovative solutions gives our customers and partners an incredible advantage in their respective markets.”
NexGen’s dynamic QoS governs performance targets, input/output (I/O) prioritization and data placement, allowing customers to meet business service-level agreements. For example, an organization serving the healthcare market can prioritize mission-critical hospital system applications over the internal Microsoft Exchange server, preventing a surge in employee email downloads from interrupting life-or-death health care system operations.
“We categorize all of our applications as mission-critical, business-critical or non-critical,” said Michael Frank, manager IT services group, NCS Credit. “We need our systems to be able to recognize that not all applications are created equal and to process them appropriately and differentially.”
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