By ET Bureau - March 09, 2020 1 Mins Read
Nvidia has acquired data storage and management platform SwiftStack. The financial terms of the deal were not disclosed. SwiftStack offers cloud storage capabilities that are already deeply embedded with NVIDIA’s DGX server and supercomputer, which are specifically built to accelerate AI applications, helping to support large-scale AI and machine learning deployments.
The deal is expected to close in the coming weeks, following regulatory approval. The company said its existing customers will not be impacted as SwiftStack has promised to continue supporting 1space, ProxyFS, Swift, and Controller.
The platform covers e entire enterprise technology space- including emerging technologies like RPA, AI, cloud, automation, and the entire gamut of digital transformation tools, strategies and management decisions.
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