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Pure Storage To Acquire Portworx For ~$370M In Cash

MOUNTAIN VIEW, Calif., Sept. 16, 2020 /PRNewswire/ --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

· 09/16/2020 09:04

MOUNTAIN VIEW, Calif., Sept. 16, 2020 /PRNewswire/ --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.