Quantum to acquire Western Digital’s ActiveScale business

Quantum Corporation has entered into an agreement with Western Digital Technologies, Inc., a subsidiary of Western Digital Corp., to acquire its ActiveScale™ object storage business.

  • 4 years ago Posted in
The addition of the ActiveScale product line and talent brings object storage software and erasure coding technology to Quantum’s portfolio, and enables the company to expand in the object storage market.  The acquisition demonstrates Quantum’s commitment to innovation and growth, extending the company’s leadership role in storing and managing video and unstructured data using a software-defined approach. Quantum and Western Digital are committed to executing a smooth transition for customers and key stakeholders, with Quantum providing post-closing continued support for ActiveScale products and a strong commitment to invest in - and enhance - the ActiveScale product line. 

 

The transaction is expected to close by March 31, 2020, subject to the satisfaction of customary closing conditions. Financial terms of the transaction were not disclosed. Quantum expects the initial financial impact of the transaction to be neutral to slightly accretive to current business operations and additional guidance will be provided with the release of the fiscal Q4 2020 financial results.

 


Exos X20 and IronWolf Pro 20TB CMR-based HDDs help organizations maximize the value of data.
Quest Software has signed a definitive agreement with Clearlake Capital Group, L.P. (together with...
Infinidat has achieved significant milestones in an aggressive expansion of its channel...
Collaboration will safeguard HPC storage systems and customer data with Panasas hardware-based...
Peraton, a leading mission capability integrator and transformative enterprise IT provider, has...
Helping customers plan for software failure, data loss and downtime.
Cloud Computing and Disaster Recovery specialist, virtualDCS has been named as the first UK-based...
SharePlex 10.1.2 enables customers to move data in near real-time to MySQL and PostgreSQL.