cfo-nz logo
Story image

DDN completes Nexenta acquisition

22 May 2019

DataDirect Networks (DDN) announced the successful completion of the acquisition of Nexenta, a market leader in Software Defined Storage (SDS) 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 holds a suite of products, solutions, and services that aim to enable AI and multi-cloud to deliver the greatest impact on the emerging IoT markets.

In 2018 DDN acquired Tintri, and subsequently announced 300% quarter over quarter revenue growth, robust sales into 2019, and Product Leadership Award recognition by Frost & Sullivan with that division.

DDN further expands its market reach with Nexenta’s large global customer and partner base along with award-winning software-defined technologies and services critical for IoT and 5G markets.

More specifically, the three divisions of DDN now each provide key components for DDN’s solution suite:

  • DDN Storage delivers the world’s most powerful and comprehensive AI, big data and data management at scale product portfolio.
  • Tintri by DDN offers the ultimate in simplicity and control for virtualised environments and enterprise applications.
  • Nexenta by DDN provides the most cost and performance-optimal software-defined data services for enterprises, telcos and SPs with 5G and IoT requirements.

DDN is one of the world’s leading big data storage suppliers to data-intensive, global organisations.

For more than 20 years, DDN has designed, developed, deployed and optimised systems, software and storage solutions that enable enterprises, service providers, universities and government agencies to generate more value and to accelerate time to insight from their data and information, on-premise and in the cloud.

Organisations leverage the power of DDN storage technology and the technical expertise of its team to capture, store, process, analyse, collaborate and distribute data, information and content at the largest scale in an efficient, reliable and cost-effective manner.

Story image
Accenture invests US$3 billion into cloud migration initiative
Accenture Cloud First is a new multi-service group of 70,000 cloud professionals that brings together Accenture’s industry, technology capabilities and ecosystem partnerships.More
Story image
How organisations can get started on their recovery
Organisations that plan to ‘get back to normal’ will need to take a strategic approach to thrive in a changed business landscape, writes Konica Minolta director of innovation Shane Blandford.More
Story image
4 steps to overcome common infrastructure monitoring challenges
By taking steps to create visibility across their entire tech stacks, companies can create a modern environment and a culture of visibility while gaining full observability across their infrastructure. More
Story image
5 ways to use data science to predict security issues - Forcepoint
Data science enables people to respond to problems in a better way, and to also understand those problems in a way that would not have been possible 50 years ago.More
Link image
Track, analyse, act: The e-commerce metrics you need
E-commerce technology leaders need to track, analyze, and act on large volumes of business and system performance data. Danny Miles, the CTO of Dollar Shave Club, shares a powerful framework for thinking about and prioritizing e-commerce metrics.More
Story image
Schneider brings AI to fight against energy consumption
The investment into adding AI-assisted advising to its energy and sustainability services aims to promote efficiency and a total reduction of clients’ emissions.More