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New Deal


Announced

NVIDIA to acquire SwiftStack.

Synopsis

NVIDIA, an American multinational technology company, agreed to acquire SwiftStack, a software-centric data storage and management platform that supports public cloud, on-premises and edge deployments, from investors Storm Ventures, Mayfield Fund, UMC Capital and OpenView Venture Partners. Financial terms were not disclosed. “Building AI supercomputers is exciting to the entire SwiftStack team. We couldn’t be more thrilled to work with the talented folks at NVIDIA and look forward to contributing to its world-leading accelerated computing solutions,” Joe Arnold, SwiftStack Co-Founder and CPO

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