DDN Completes Acquisition Of Tintri
Santa Clara-based DataDirect Networks has completed its acquisition of Tintri, the bankrupt flash data storage developer, in a deal worth $60M, the company said this week. According to DDN, the acquisition came after an "extensive" bidding process, where DDN was declared the auction winner. DDN said that, as a result of the acquisition, it will restart the service and support for Tintri's customer base, and plans to enhance Tintri's product roadmap within the next 90 days.
posted on Thursday, September 6, 2018
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