Pure Storage to acquire Portworx for $370m.

Pure Storage, an IT company that delivers storage-as-a-service, agreed to acquire Portworx, a data services platform enterprises, from venture capital firms NetApp, Mayfield Fund, Sapphire Ventures, Cisco Investments, GE Ventures, Hewlett Packard Enterprise Company and Mubadala Ventures for $370m. "As forward-thinking enterprises adopt cloud-native strategies to advance their business, we are thrilled to have the Portworx team and their groundbreaking technology joining us at Pure to expand our success in delivering multi-cloud data services for Kubernetes. This acquisition marks a significant milestone in expanding our Modern Data Experience to cover traditional and cloud-native applications alike," Charles Giancarlo, Pure Storage Chairman and CEO.