February 3rd, 2020 by Lyle Smith
Quantum To Acquire WD's ActiveScale Portfolio
Quantum has announced an agreement with Western Digital Technologies to acquire its ActiveScale object storage business product line. WD offers a range of products under the ActiveScale name, including ActiveScale P100 appliance and the ActiveScale X100 hybrid cloud solution. This acquisition also comes with WD’s object storage software and erasure coding technology, allowing Quantum to expand in the object storage market. Both companies indicate that this will be an easy transition for customers and stakeholders, as Quantum will continue to give support for ActiveScale products with a promise to continually enhance the product line.
Quantum doesn’t expect too much of an initial financial impact to its business operations, and will give additional guidance with the release of the fiscal Q4 2020 financial results. The transaction is slated to close by March 31, 2020, though this is subject to the “satisfaction of customary closing conditions.” No financial terms of the deal were revealed.
Quantum indicates the following features that make object storage useful for a range of datasets:
- Massive Scalability: Store, manage and analyze billions of objects, and exabytes of capacity.
- Highly Durable and Available: ActiveScale object storage offers up to 19 nines of data durability using patented erasure coding protection technologies.
- Easy to Manage at Scale: Because object storage has a flat namespace (compared to a hierarchical file system structure) managing billions of objects and hundreds of petabytes o capacity is easier than using traditional network attached storage. This reduces operational expenses.
Engage with StorageReview