Today DDN announced the successful completion of the acquisition of Nexenta, the market leader in Software Defined Storage for 5G and Internet of Things (IoT), creating the Nexenta by DDN division. “The acquisition brings three technology powerhouses together; DDN Storage, Tintri by DDN and now Nexenta by DDN, for the benefit of its customers’ AI and multi-cloud data strategies. DDN now holds a suite of products, solutions, and services that enable AI and multi-cloud to deliver the greatest impact to the emerging IoT markets.”
DDN Moves Closer to the Edge with Nexenta Acquisition
Today DDN announced its intent to acquire Nexenta, the market leader in Software Defined Storage for 5G and Internet of Things (IoT). “Our clients benefit from the flexibility and performance of Nexenta’s robust SDS solutions and platform-agnostic strategy, which provide great differentiation for the HPC, AI, and high-performance data analytics (HPDA) verticals we serve. With escalating demands from our clients for ultra-scalable compute and data storage platforms, we look forward to the exciting developments which will result from this new relationship.”