DataCore Software
announced it has acquired Object Matrix, the award-winning object
storage pioneer and media archive specialist. Object Matrix's
best-of-breed appliances and cloud offerings will become part of the
DataCore Perifery portfolio that specializes in delivering end-to-end,
application-centric solutions for edge and high-growth markets,
including media and entertainment. This acquisition reinforces the
Perifery line of edge devices and solutions, while adding unparalleled
talent and expertise to the Perifery team.
"Gartner predicts that more than 50% of enterprise-managed data will be
created and processed at the edge by 2025. We're excited to expand our
Perifery portfolio with innovative solutions that will enable us to lead
in edge markets," said Abhijit Dey, general manager of DataCore's
Perifery business. "The Object Matrix product line perfectly complements
our world-class solution portfolio, increasing reliability and agility
for customers in the fast-growing media and entertainment edge market.
Working with the Object Matrix team, we look forward to bringing
industry-leading innovation, and providing continued technology and
customer support."
Object Matrix develops MatrixStore on-premises appliances, hybrid
solutions, and cloud storage offerings that enable broadcasters and
service providers to securely manage content at every stage of the media
lifecycle, offering significant operational and financial benefits.
Object Matrix customers include NBC Universal, Warner Bros. Discovery,
MSG-N, ATP Media, BT, and the BBC. Object Matrix customers will benefit
from the innovative capabilities of DataCore's well-established,
worldwide presence and award-winning support.
Acquiring Object Matrix accelerates the DataCore.NEXT
vision to enhance the customer's journey from core to the edge and
cloud. By strategically aligning the Perifery and Object Matrix solution
offerings, DataCore is redefining how storage resources are best
utilized to ensure optimal results and the lowest cost for customers,
turning technology barriers into breakthroughs.
"This announcement signifies an exciting new stage for Object Matrix,
allowing us to extend our reach and product ambitions within DataCore
while continuing to develop state-of-the-art on prem, cloud, and hybrid
media storage solutions," said Jonathan Morgan, CEO of Object Matrix. "By
leveraging DataCore's experienced leadership team, worldwide
distribution - consisting of over 400 channel partners and more than
10,000 global customers - combined with world-class engineering, sales,
and marketing, we are in an excellent position."
The acquisition of Object Matrix kicks off an exciting year for DataCore
following two strategic acquisitions of Caringo in January 2021 and
MayaStor in November 2021. Caringo's Swarm Object Storage software
currently serves hundreds of customers in over 25 countries, growing in
excess of 35% in 2022. DataCore Bolt, developed through the MayaStor
acquisition, is a Kubernetes storage and data services platform for
containerized applications. MayaStor is approaching 1M downloads a year
and has seen over 50% user growth since 2021.