Pivot3 Sells Video Surveillance Business To Quantum
After a quarter plus billion dollars spent, mass layoffs in 2020, Pivot3's video surveillance business has finally found a home, in publicly traded Quantum Corporation, who told IPVM that Pivot3 employees are 'thrilled' with the deal.
In this report, based on an interview with Quantum's management, we analyze the acquisition and impact for Quantum/Pivot3.
Quantum **********
******* ************ ******* ** *************** ******** ******, ***** ****** *** data ** ** ***** **** ****** SSD ** ***-***** ******* ******* ** cheaper **** ***** ********.
*******'* **** ****** ************** ********* ******* *** ****** **** the * ******** *****:
**** ** **** ****** *** ** the ***** ******** ** *****-***** ****** competing **** *******'* ******* ******** ** data ******** *******. ***** ******* ****** on-premise ***** ******** *** *********** ** public ***** ******* (***, *****, ******), this ***** ************* ******** *** ******** sales ***** *** ************ * *********** portion ** *** *******.
Acquisition *******
******* ********"*** ***** ************ ********* *** ****** of ******", *** $*.* ******* ** cash *** *****. ******* **** **** was *** *** ******** ** *** resources ** ******, ********* **+ *********, 500+ *********, ***** ************ ********, ********, and ****** ********. ******* **** **** its *** *** ***** ******* *******' previous ********** ** ****** *** ******** in ********** *** *********** *** "*** right ******."
**** ********* ******'* ****** ******* ** in *** ***** ** **** ** millions ** *** ***** **** ** relatively **********.
******'* *****-********* ******* ******** *** ******** are *** ****** ** **** ** Quantum's *********. ******* **** **** **** to ******* ***** ******* ****-***** *****-********* solutions **** ******'*, ********** **** *******'* end-to-end ******* ********.
Home *** ********* *** *********
******* **** **** ****** ********* ****** over *** "********" ** *** *** customers, ** **** **** "******* **** as **** ** ******" **** **********. Both ********* *** ********* *** **** reason *** ******* ****** *** ******* and *** ******* ********* ********** *** the **** ********* *** *** **** successful *******.
Pivot3 ** ********
****** *** ** ********* ** *** website, ****** ******* ** *******'* ***** release. ****** *** *** ******* ** IPVM's ******* *** *******.
"Sad *** *** ****** *** *** * **** ***"
******* **** ****** & ***** ****** it:
**’* * *** *** *** ****** but *** * **** ***, ** its ******** *** ********** *** ***** taken ** ***** ** ******* *******. CEO **** ****** *** ** ***** played *** ***** ***** ** **** he *** *** $*.** – *** not *** ** **** ** **** – ** * ****, **** ****** for $*** ******* ** ******** ** capital *** ***** *******. ****** **** over **** ***** *** *** **** in **** ****, **** ***** ******* getting ****.
******* *** *** **** ******** *** just *******, *** ******* ***** ****** not **** ********. *** ***** ***** retired ** ****.
*****, ** **********, *** ********* ***** confidence ** **** ********** *** ******** numerous ***** ****************************** *** ***** ******* *** *** close ** ***** *********.
"Significant" ***** ************ ******** *********
******* **** **** **** ********** *** growth ** ***** ************, ** ** significantly ******* *** ************ ********, ************ highlighting ******'* ********-**** ********* ** ***** hardware *********** ***** ******* *** ********** limited ** ********-***** *******:
********, ******* **** **** ***** ***** dealer *** *********** *******, ****** ***** they **** ****** **** **-******* *******, Pivot3 *** * ****** ************ ****** network.
Targeting *********** ****** ** ***** ************
******* **** **** *** *** ********* "rocketship" ******, *** ********** **** *** a "****-**** ****** *******", **** "*********** growth" ** ***** ************, ************ ******* down-market *********.
**** ** * ****** ** ******** from ******, ***** *** * ***** of ***********, *************** ******* ****** *** ********* ******-****, ******** ********* *******.
Future ************
******* ******** **** ******** ** ******* companies ** * *** **** ** their ******, ********* ********* **** ************* solutions. **** ******** * *********/******** ****** in ****:
Hardware ***** *******
******* **** **** ** *** **** their *** ********, *** ***** ***** chassis/hardware ********* *** ********* **** ******'*, the ******** ** *** ****. **** reported **** **** ** ********* *** suppliers *** **** ********* *** ********** options ** *** ******.
ISC **** *********
*******'* ***** ** *** **** **** is ******* *** *********** ** ****** surveillance:
*******
***** ************ ******* ** * ***** business *** ** ***** *** ******* the ********* ** ****** ** ****** them********. *******, ******* *** *** ********* to *** **** ** * ****** business ****** ** ** *** ****** Pivot3 / **** ******* ** *** market ** **** ** * ***** segment ** *** ***** ************ ********. And, ******-****, **** *** **** ******, as **** ***** ************ ***** ** the *****, *** **** **** ** whether ********* **** ******** ** ***** these *****-** **-**** *******.
Vote / ****
*** ***** ** *** *****, **** or ****, **** ******* ******* ** stop ******* ** ******** (*** ******* all ********) ** ****** *** "********" of ****** ***** *** ******** * softtware-only ****? * **** **** ***** that **** *** *********** ****** ** make **** * **** *** **** as ****, *** ****** ********** *** partners ** *** ***** ********. *** unsubstantiated ** *** ******, *** ******* of *** ************ ***** ** *** move (*** **** ********** ** ***** on **** ****** **** ** * cannot **** **** ******* ***** *******) it ***** ***** ** ***** ********. On *** ***** ****, ******* *******'* product ********* ** **** ******** **** set *** ***** ******!
* ****** ******* "***** ** *** rumor"(s), *** ******* **** ** **** were *********** ****** ******** **** *** current ******* ********, *** ** ** mentioned ** *** ******:
**** ******** **** **** ** ********* the [********] ********* *** **** ********* and ********** ******* ** *** ******.
**** **** ********** **** *** ********-**** HCI ****** ** ****** *** * positive ****** ******* ** *******'* ******** lack ** * ********-**** ********, *** they *** *** ******** * **** away **** ********. *** *** *** system ***** **** *******, ******** ** TB ** *****-**, ******** **-******* **** not ** ********** ** *** ***** in *** **** ******.
* ******* *** ** ******* ********* VMS *** ******** ******* *** **** post ***** ********.
******, ****.
** ******* ****...*** ** ******** ******* from ****** ****** *** ****** ********* team? *** * **** **** **** Stover, ** ****** ***** ***** ** the **** ** **** ***********. * suppose * ********** *** *** *** in ******* ************ ***** **** ** remain ******, *** * ** ********* that *** * **** *** **** from ****** ** **** **** ** the ****.
**** ***** *** ****** ****** **** to *** ** **** *****? **'* clear **** *** ******** ******, $*.** is * ****** **** *****. ***** multiple ******* ******, ******* ******* ******** of *********, ******** ********** *** **** a ****** ** ********, *** ****** team ****** * ******* ******* ******* into * ***** ********** ****** ****.
****** ** *** ******* **** ** try *** **** **** *** **** it's *** ******* ****** ***** *** or ********.
***********, *** *** **** ***% ******* and ** *** **** ** ** the "**" *** ** **** **. I *** (*******) ****** *** **** sort ** *******, ***** * ********* "we **** *** **** *** ** take **** ***** ***** *** ******* troubled ******** *****" ** ********* ** the ****. ** ***** ** ******** to *** ******* *** **** *** it ** **** ****, *** **** again **** ***** *** **** *** of * ***** ****** ********.
*** *** ***** *********** ** *** provides **** ******* ** ***** *** legacy ****** ***** *.*. ********* ** DataBank ?.
******,
* ******* *** *** * ******** from ******* *** **** ****** **** they *******.
** *** **** ** ******** **** support ***** *** *** ****** ** resolve? **** *** ***** ********** ******* tech *******?
****** ****
***’* **** ** ***** ** **** time *****'************ ****** **** ** ******** ******* that *** ******* ****** ***** ** having ****** ********** ** *******/***** ***** be * ****.
** * ****** ********, *'* *** happy **** *'* ******* *** ***** the *********** **** **** *** *** my ****** ******* ***, ********** ***** I **** ****** ** **** **** week. *** **** **** ***** *'* hearing **** ** **** ** ****** like ******* *****'* **** ** ******* Pivot3 **** ***** *** ********/********.