Quantum has announced the acquisition of Western Digital Technologies’ ActiveScale object storage business.
The addition of ActiveScale brings object storage software and erasure coding technology to Quantum’s portfolio, enabling the company to expand in the object storage market.
Quantum will provide post-closing continued support for ActiveScale products and a commitment to invest in and enhance the ActiveScale product line.
The transaction is expected to close by 31st March, subject to customary closing conditions. Financial terms of the transaction were not disclosed.
“As Quantum returns to a growth path, we will be evaluating strategic acquisitions that bolster our technology portfolio. Object storage software is an obvious fit with our strategy, our go-to-market focus, and within our technology portfolio,” said Quantum president and CEO Jamie Lerner. “We are committed to the product, and to making ActiveScale customers successful, and we look forward to engaging with them to solve their most pressing business challenges around storing and managing unstructured data.
“With the addition of the engineers and scientists that developed the erasure-coded object store software, we can deliver on a robust technical roadmap, including new solutions like an object store built on a combination of disk and tape.”
“With Quantum’s resources, technical expertise and focus on solving customers’ challenges with managing video and other unstructured data, we believe ActiveScale will enable new value for customers,” added Phil Bullinger, SVP and general manager of Western Digital’s Data Center business. “Western Digital and Quantum are each committed to continuity of support for existing ActiveScale customers.”