Model9 boosts mainframe-to-cloud product development and test with acquisition of z15 Mainframe

Acquisitions

Summary

To ensure its data movement and management software stays at the cutting edge in performance, reliability, and ease of use, Model9, a member of IBMs Partners in Development Program has announced the purchase of an IBM z15 mainframe server. “The Model9 z15 will be a powerful asset for our product development and quality assurance programs,” noted Gil Peleg, Model9 CEO. Model9 has been growing massively through the pandemic period, tripling its size both in number of customers and headcount, as organizations seek to maximize the value of their mainframe investments while also leveraging the capabilities of the cloud. “The acquisition of our own z15 is symbolic of our increasing investment in support of the mainframe market and, ultimately, in serving our customers,” said Peleg. Its patented software-only technology securely delivers mainframe data to any cloud or on-premises storage platform, eliminating physical and virtual tape alike, and enabling secure integration with advanced analytics tools.

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Model 9
$1M to $5M