Big data storage supplier DataDirect Networks (DDN) has moved to acquire all the assets of bankrupt flash storage provider Tintri. It has entered into a “non-binding letter of intent agreement” with the vendor and will offer future support to Tintri customers and partners.
DDN says its solutions are deployed in thousands of data centres in the healthcare, energy, manufacturing, financial services and academia and research segments. DDN's recent acquisition of Intel’s Lustre file system business added advanced file system technology to the firm's flash, analytics and cloud product portfolio.
“DDN is working with Tintri’s co-founders, team members, advisors and creditors to develop a winning plan designed to provide Tintri’s customers with continuity in support of their installed base, as well as a winning roadmap for their long-term requirements,” said Alex Bouzari, DDN CEO.
“Tintri’s all flash scale out and automation enterprise storage solutions have been successfully deployed in more than a thousand companies, including 20 of the Top Fortune 100,” said Bouzari. “They are essential tools to help organisations build agile development environments for cloud native applications and run mission-critical enterprise applications better than ever before.”
US-headquartered DDN said the proposed transaction would enhance its portfolio by adding enterprise virtualisation, real time analytics and VM automation to its family of scalable storage solutions.
Comcast, Chevron, NASA, Toyota and United Healthcare are among Tintri's major customers.
