DataDirect Networks (DDN) is expecting to complete its acquisition of troubled storage vendor Tintri “within the next few days”.
Tintri ran out of cash, axed most of its staff and saw its finances dry up. The US storage vendor stepped in last month to acquire its assets and plans to bring support and product continuity to Tintri’s customers while using its capabilities to boost its portfolio.
Alex Bouzari, co-founder and CEO of DDN, said he is looking forward to bringing Tintri’s virtualisation and analytics products into the fold.
“Our first order of business is to deliver immediate world-class support to the more than 1,000 Tintri customers worldwide”, he said.
“Beyond that, we are thrilled to help businesses achieve significant value and transformational simplicity for their server virtualisation, DevOps and VDI needs.”
Tintri will operate as a separate division within DDN and will have its own sales, support and engineering resources. The vendor has been hiring staff to support Tintri’s existing customers.
