M&A Deal Summary

Quantum Acquires Pivot3 - Surveillance Portfolio and Assets

On July 19, 2021, Quantum acquired software company Pivot3 - Surveillance Portfolio and Assets from Pivot3 for 9M USD

Acquisition Highlights
  • This is Quantum’s 3rd transaction in the Software sector.
  • This is Quantum’s 7th largest (disclosed) transaction.
  • This is Quantum’s 8th transaction in the United States.
  • This is Quantum’s 1st transaction in Texas.

M&A Deal Summary
Date 2021-07-19
Target Pivot3 - Surveillance Portfolio and Assets
Sector Software
Buyer(s) Quantum
Sellers(s) Pivot3
Deal Type Divestiture
Deal Value 9M USD

Target

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

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Buyer(S) 1

Buyer

Quantum

San Jose, California, United States
Category Company
Founded 1980
Sector Internet Software and Services
Employees770
Revenue 312M USD (2024)
DESCRIPTION

Quantum is a provider of cloud based scale-out storage, archive and data protection, providing intelligent solutions for capturing, sharing and preserving digital assets over the entire data lifecycle. Quantum was founded in 1980 and is based in San Jose, California.

DEAL STATS #
Overall 10 of 11
Sector (Software) 3 of 4
Type (Divestiture) 2 of 2
State (Texas) 1 of 1
Country (United States) 8 of 8
Year (2021) 1 of 2
Size (of disclosed) 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-14 Square Box Systems

Warwickshire, United Kingdom

Square Box Systems Ltd. is a specialist in data cataloging, user collaboration, and digital asset management software. Square Box Systems is based in Warwickshire, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-26 EnCloudEn

Bengaluru, India

EnCloudEn is an early-stage hyperconverged infrastructure (HCI) software company. The company built an HCI software stack that delivers software-defined compute, storage, and networking in one virtualized platform, and is used by large banks, engineering companies, and pharmaceutical industries in India. EnCloudEn was founded in 2015 and is based in Bengaluru, India.

Buy -

Seller(S) 1

SELLER

Pivot3

Austin, Texas, United States
Category Company
Founded 2002
Sector Software
DESCRIPTION

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 #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-27 NexGen Storage

Louisville,, Colorado, United States

NexGen Storage, Inc. is a provider of hybrid storage appliances, dynamic all-flash arrays and Quality of Service (QoS) capabilities.

Buy -
Mergr

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