Hyper-converged infrastructure technology developer Pivot3 is acquiring storage vendor NexGen Storage in a move that could be the first to bring dynamic quality-of-service capabilities to the hyper-converged infrastructure market.
Austin, Texas-based Pivot3 on Wednesday said it has signed a definitive agreement to acquire Boulder, Colo.-based NexGen for an unspecified amount. The deal is expected to close in February.
It is a match that will work on many levels, said Pivot3 CEO Ron Nash.