Quantum to acquire software firm EnCloudEn
Quantum announced a definitive agreement to acquire the assets of EnCloudEn, an early stage hyperconverged infrastructure (HCI) software company.
Quantum also recently acquired the surveillance business assets of Pivot3.
According to a statement, the aquisition of EnCloudEn “will enable Quantum to expand the addressable market for the company’s video surveillance portfolio, offering customers a solution using their server hardware of choice with a flexible subscription-based software model.”
“The recent acquisition of Pivot3’s surveillance business assets brought a customer-proven solution, an established customer base, an established go-to-market, and an experienced team for the mission-critical video surveillance and physical security market.” said Jamie Lerner, chairman and CEO of Quantum, in a statement.
“The addition of EnCloudEn technology brings an open and flexible HCI software stack that strengthens our position in the video surveillance and physical security market. We can now extend HCI solutions to a broader set of customers, accelerate our development roadmap for HCI-based solutions and employ a subscription-based software purchasing model which is fast becoming the way businesses want to procure and manage their software investments.”