DataCore Software acquires Caringo; enhances its product portfolio

By Nikita Chaurasia  Date: 2021-01-28

DataCore Software acquires Caringo; enhances its product portfolio

Leading software-defined storage company DataCore Software has reportedly acquired Caringo Inc., with the intention to add object storage to its current software-defined portfolio of secure, flexible, and high-performance storage technology.

The newly formed entity will allow DataCore to deliver complete and advanced software-defined storage solutions for file, block, and object, all from a single provider. This association will further add expertise and talent to the DataCore team, along with clients in top markets including media, government, and cloud service providers, cited sources familiar with the matter.

It is worth noting that Caringo, founded in 2005, was a pioneer in the object storage industry, and with its acquisition, DataCore has gained access to Swarm, Caringo’s flagship product, which serves as a foundation for hyper-scale data storage, analysis, and access at petabyte scale, while maintaining data confidentiality and eliminating hardware dependencies.

Another major addition to DataCore’s portfolio is vFilo software, a next-gen distributed file and object storage virtualization technology specially made to aid enterprises manage a huge amount of data scattered in cloud and on-premises.

Some analysts say that organizations such as the Department of Defense, BT Television, Argonne National Labs, National Institutes of Health (NIH), Disney Steaming Services, and many rely on Caringo software-defined solutions to effectively manage rapidly scaling data sets.

Scott Sinclair, the Senior Analyst at ESG, mentioned that this acquisition adds to DataCore’s ability to provide its clients the appropriate solution for their technical and business requirements, whether the solution is object, file, block, or a combination.

Barry Griffiths, a long-term partner of Caringo and DataCore and the MD of NAS UK Ltd., reportedly stated that the Caringo’s acquisition provides compelling use case benefits and product synchronization, with both systems offering businesses the advantages of zero downtime, quick recovery, and fast performance software-defined storage based on x86 commodity hardware.

For the record, DataCore has shown strong growth in 2020, attracting well over 100 new customers in each quarter, and witnessed double-digit (YoY) growth in sales potential and expansion of customers in Q4, confirmed sources.

Source Credit –

https://www.realwire.com/releases/DataCore-Software-Acquires-Caringo-Inc

 

About Author

Nikita Chaurasia     aeresearch.net

Nikita Chaurasia

An accomplished professional in the field of content development, playing with words comes naturally to Nikita Chaurasia. After completing her post-graduate MBA degree in Advertising and PR, Nikita worked across numerous content-driven verticals, undertaking diverse r...

Read More

More News By Nikita Chaurasia

U.K. might ease lockdown restrictions following drop in COVID-19 cases

U.K. might ease lockdown restrictions following drop in COVID-19 cases

By Nikita Chaurasia

British Prime Minister Boris Johnson is reportedly planning to further ease lockdown restrictions in the United Kingdom. This announcement comes after Britain witnessed a drop in the daily death toll and case count, primarily due to rapid vaccination...

Maruti Suzuki India prolongs maintenance shutdown over COVID-19 fears

Maruti Suzuki India prolongs maintenance shutdown over COVID-19 fears

By Nikita Chaurasia

Maruti Suzuki India Limited has reportedly extended its maintenance shutdown from May 9th to May 16th amidst rising COVID-19 cases across the country. However, it is difficult to ascertain whether the intention behind the extended shutdown is to guar...

Amazon sets tougher rules for its delivery service partners’ employees

Amazon sets tougher rules for its delivery service partners’ employees

By Nikita Chaurasia

Amazon is known for closely managing its staff and contractors, and it also seeks to control the employees of the companies in which it works. Reportedly, the company has updated its policies for Amazon’s delivery partners wherein it lays out d...

BMW, Ford lead Solid Power’s USD 130 million Series B funding round

BMW, Ford lead Solid Power’s USD 130 million Series B funding round

By Nikita Chaurasia

Solid Power Inc., a leading U.S-based producer of solid-state batteries has reportedly secured USD 130 million in the Series B funding round led by renowned car makers namely Ford Motor Company and BMW Group.  These funds will be used to develo...

Pfizer donates COVID-19 treatment drugs worth USD 70 million to India

Pfizer donates COVID-19 treatment drugs worth USD 70 million to India

By Nikita Chaurasia

Reportedly, American multinational pharmaceutical firm Pfizer Inc. has extended a helping hand to India in the battle against Covid-19, sending drugs worth USD 70 million to the country. The company is also in discussion with the Indian government to...