Pivot3 CEO: Our HCI Tops the Acquisition Target List
Summary
It’s mergers and acquisitions scramble time in the world of hyperconverged infrastructure (HCI), according to Pivot3 CEO Ron Nash. In January 2017 Hewlett Packard Enterprise (HPE) bought HCI software startup SimpliVity. If you look for potential acquisitions, Pivot3 is going to rise to the top of that list.” Founded in 2016, the Austin, Texas-based company has raised $253.4 million to date. Pivot3 uses super-fast NVMe flash architecture, and its policy-based Quality of Service (QoS) engine differentiates its HCI software stack from the competition, according to analysts. “We’re also willing to partner and extend our market reach by partnering.” But he is realistic, adding that “80 percent of successful companies get acquired versus IPO.
Classifications
industries
HealthTech
applications
Data Warehousing Software
AskAI Classifications
Labels
No AI classifications detected
Linked Companies
Pivot3
$10M to $25M