M&A Deal Summary |
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Date | 2016-01-27 |
Target | NexGen Storage |
Sector | Technology Hardware |
Buyer(s) | Pivot3 |
Deal Type | Add-on Acquisition |
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Pivot3 is a provider of dynamic hyper-converged infrastructure solutions and predictable flash storage. Pivot3’s patented solutions dramatically improve data center simplicity and economics by increasing scale-out performance, driving down complexity and cost, saving an extraordinary amount of disk and physical space and ensuring fault tolerance. With Pivot3’s unique Quality of Service and Virtualization Management capabilities, customers are able to prioritize data and application performance based on business value. Today, Pivot3 has more than 2,000 customers around the world deploying more than 16,000 globally hyper-converged infrastructures in multiple industries such as video surveillance, healthcare, government, transportation, entertainment, education, gaming and retail. Pivot3 was founded in 2002 and is based in Austin, Texas.
DEAL STATS | # |
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Overall | 1 of 1 |
Sector (Technology Hardware) | 1 of 1 |
Type (Add-on Acquisition) | 1 of 1 |
State (Colorado) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2016) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
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2021-07-19 |
Pivot3 - Surveillance Portfolio and Assets
Austin, Texas, United States Pivot3's Surveillance Portfolio and Assets comprises video surveillance appliances, network video recorders (NVRs), and management applications along with a scale-out hyper-converged software platform |
Sell | $9M |