Quantum Corporation has announced an agreement to acquire the video surveillance portfolio and assets of Pivot3. The acquisition brings a portfolio of video surveillance appliances, network video recorders and management applications along with a scale-out hyperconverged software platform, which going forward will all be offered under the Quantum VS-Series product portfolio. Together with Quantum’s current line of NVR servers, the StorNext File System, and ActiveScale object storage, the Pivot3 additions round out a surveillance and security portfolio, spanning small to multi-petabyte deployments.
“Surveillance cameras are the biggest data generator on the planet, and Pivot3 has established themselves as one of the leaders in this space by pioneering the use of hyperconverged software for surveillance recording,” says Jamie Lerner, Chairman and CEO. “This acquisition represents another key step in Quantum’s transformation, solidifying the company as a serious player in the multi-billion-dollar video surveillance market, expanding our global customer base, sales channels, and technical expertise specific to this industry. We are excited to welcome Pivot3’s surveillance customers and partners to Quantum.”
The new employees joining Quantum will be under direction of the Strategic Markets Business Unit, led by Ross Fujii, General Manager. Sales will be led by Curt Wittich.