Just a month after purchasing the surveillance assets of Pivot3, video storage solutions provider Quantum Corporation announced last week that it has agreed to acquire EnCloudEn, a hyperconverged infrastructure (HCI) software startup based in Bangalore, India.
In a statement, Quantum said the acquisition will enable it to expand the addressable market for its video surveillance portfolio. Additionally, the company said that EnCloudEn’s approach to simplicity and automation integrated tightly with its strategy to offer intuitive, end-to-end solutions for the video data lifecycle.
“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. “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.”
Founded in 2015, EnCloudEn developed an HCI software stack that delivers software-defined compute, storage, and networking in one virtualized platform, and is used by large banks, engineering companies, and pharmaceutical industries in India. The company's HCI software is hardware-agnostic, easy to manage, and offers a pay-as-you-go model. The EnCloudEn platform allows surveillance customers to not just store video data, but also run VMS, access control, card readers, analytics, and other HCI workloads on the same platform while bundling in enterprise data-center security features.
“When Quantum acquired the Pivot3 surveillance business assets, the acquisition expanded our ability to address physical security projects of every size and scope and manage the video surveillance data lifecycle from initial capture through expiration,” said Curt Wittich, vice president of sales, Strategic Markets, at Quantum. “This message has been resonating with customers and partners, and the EnCloudEn technology allows us to further expand on that strategy in every way.”
The asset acquisition is expected to close later this quarter and is subject to customary closing conditions.
