NVIDIA acquires data storage platform SwiftStack

SwifStack agreed to sign a definitive agreement to be acquired by NVIDIA.

NVIDIA officially announced that they have acquired SwifStack Data Platform – a platform for intelligent data and deep learning at ultra-scale. Nvidia and SwiftSatck have been working closely to solve data challenges to enable AI at scale. After working together, SwiftStack agreed to sign a definitive agreement to be acquired by the bigger company Nvidia.

SwiftStack innovations power private cloud storage for Enterprises. With the pay-as-you-grow and freedom of choice benefits of leading public cloud storage offerings from Amazon, Google, Microsoft, and others, SwiftStack software runs behind the enterprise firewall within your custody on infrastructure that your internal IT teams’ control.

It was 20109 when SwiftStack announced the SwiftStack7 and unveiled its focus on the SwiftStack Data Platform for AI, HPC, and accelerated computing.

“We will continue to maintain, enhance, ad support 1space. ProxyFSSwift and the Controller. SwiftStack’s technology is already a key part of NVIDIA’s GPU-powered AI infrastructure, and this acquisition will strengthen what we do for you,” said Joe Arnold, co-founder and CPO of SwiftStack.

“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,” Arnold added.

The acquisition is a part of NVIDIA’s strategy to broaden its full-stack software to applications without being a storage provider. “We are not a storage vendor. We do not intend to be a storage vendor. We’re not in the business of selling storage in any form,” Manuvir Das, NVIDIA’s head of enterprise computing told TechTarget.

“We work very closely with our storage partners. This acquisition is designed to further the integration between different storage technologies and the work we do for AI,” Manuvir added.

“I’m personally excited about what the team and I will be building at NVIDIA,” said Arnold.

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Anylyn Abian
Anylyn Abian
SEO specialist, Web Traffic Analyst, Project Associate at ASEANHR.org, Content Writer https://www.linkedin.com/in/anylyn-abian-382a76161/

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