• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    PORTWORX COLLABORATES WITH RED HAT TO UNLOCK COST SAVINGS AND OPERATIONAL SIMPLICITY WITH RED HAT OPENSHIFT VIRTUALIZATION ENGINE

    5/19/25 9:30:00 AM ET
    $PSTG
    Electronic Components
    Technology
    Get the next $PSTG alert in real time by email

    BOSTON, May 19, 2025 /PRNewswire/ -- Red Hat Summit 2025 — Pure Storage® (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced Portworx® for KubeVirt - the first software-defined storage, virtualization-centric offering that provides a more cost-effective, low-risk approach for running VM workloads on Kubernetes using Red Hat OpenShift Virtualization Engine.

    www.purestorage.com (PRNewsFoto/Pure Storage) (PRNewsfoto/Pure Storage)

    By combining Portworx by Pure Storage with Red Hat OpenShift Virtualization Engine, enterprises can deploy and manage virtual machines (VMs) to containers more easily to optimize functionality, while lowering total cost of ownership.

    With the new VM-only offering from Portworx, customers can address their modern virtualization challenges with an optimized solution that makes migrating and operating applications in Kubernetes more accessible and provides a pathway to long-term application modernization.

    • Cost optimization - Portworx customers using Red Hat OpenShift and Red Hat OpenShift Virtualization have seen approximately 30% to 50% cost savings in the past year compared to their existing virtualization spend.



    • Modernization on your timeline - Instead of needing to move everything to cloud-native, enterprises can continue to run applications in VMs on Kubernetes, while refactoring or creating net new cloud native applications based on their existing resources and transformation timelines.



    • App & Data Flexibility - Portworx for KubeVirt, with Red Hat OpenShift Virtualization Engine, allows customers to plan their VM migration to Kubernetes infrastructure anywhere that Red Hat OpenShift runs, on-premises, on public cloud, at the edge, or in a hybrid deployment.

    Red Hat OpenShift Virtualization Engine is a streamlined solution that focuses exclusively on VM workloads, providing the proven virtualization functionality of Red Hat OpenShift to deploy, manage and scale VMs with greater ease. Portworx by Pure Storage brings enterprise-grade data management capabilities that, when combined with Red Hat OpenShift Virtualization Engine, help further simplify VM workload migration and management on a single, optimized platform.

    "Red Hat is the perfect partner for our mission as more companies are looking to go cloud-native. Many companies are leveraging Portworx with OpenShift to not only migrate and manage their workloads, but also power innovative application development. We are proud of the success from this Red Hat partnership and look forward to what the next year holds."

         -  Ajay Singh, Chief Product Officer, Pure Storage

    "While organizations are increasingly migrating to cloud-native containerized workloads, many still rely heavily on virtualization solutions to support their public and private cloud environments. With Red Hat OpenShift Virtualization Engine, we are able to meet organizations where they are, to modernize at a pace that best suits their business requirements, with a more cost-effective, streamlined solution. We are pleased to collaborate with Portworx to bring their expertise and data management capabilities to Red Hat OpenShift Virtualization Engine as an optimized offering, making it even easier for organizations to deploy and manage virtualized workloads."

         -  Ashesh Badani, Senior Vice President and Chief Product Officer, Red Hat

    Learn more about Portworx at Red Hat Summit

    • Visit us at Booth 502 during Red Hat Summit 2025
    • Understand modern virtualization infrastructure with Red Hat and Portworx

    About Pure Storage

    Pure Storage (NYSE:PSTG) delivers the industry's most advanced data storage platform to store, manage, and protect the world's data at any scale. With Pure Storage, organizations have ultimate simplicity and flexibility, saving time, money, and energy. From AI to archive, Pure Storage delivers a cloud experience with one unified Storage as-a-Service platform across on premises, cloud, and hosted environments. Our platform is built on our Evergreen architecture that evolves with your business – always getting newer and better with zero planned downtime, guaranteed. Our customers are actively increasing their capacity and processing power while significantly reducing their carbon and energy footprint. It's easy to fall in love with Pure Storage, as evidenced by the highest Net Promoter Score in the industry. For more information, visit www.purestorage.com.

    Pure Storage, the Pure Storage P Logo, FlashBlade, FlashBlade//S, FlashBlade//EXA, and the marks in the Pure Storage Trademark List are trademarks or registered trademarks of Pure Storage Inc. in the U.S. and/or other countries. The Trademark List can be found at purestorage.com/trademarks. Other names may be trademarks of their respective owners.

    Red Hat, the Red Hat logo and OpenShift are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries.

     

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/portworx-collaborates-with-red-hat-to-unlock-cost-savings-and-operational-simplicity-with-red-hat-openshift-virtualization-engine-302458511.html

    SOURCE Pure Storage

    Get the next $PSTG alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $PSTG

    DatePrice TargetRatingAnalyst
    12/4/2024$56.00 → $61.00Equal Weight
    Barclays
    12/4/2024$75.00 → $80.00Overweight
    Wells Fargo
    12/4/2024$63.00 → $75.00Buy
    Citigroup
    12/4/2024$60.00 → $75.00Overweight
    Analyst
    12/4/2024$62.00 → $75.00Buy
    Needham
    12/4/2024$60.00 → $65.00Hold
    Stifel
    12/4/2024$70.00 → $75.00Outperform
    Evercore ISI
    12/4/2024$70.00 → $80.00Buy
    TD Cowen
    More analyst ratings

    $PSTG
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • PORTWORX COLLABORATES WITH RED HAT TO UNLOCK COST SAVINGS AND OPERATIONAL SIMPLICITY WITH RED HAT OPENSHIFT VIRTUALIZATION ENGINE

      BOSTON, May 19, 2025 /PRNewswire/ -- Red Hat Summit 2025 — Pure Storage® (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced Portworx® for KubeVirt - the first software-defined storage, virtualization-centric offering that provides a more cost-effective, low-risk approach for running VM workloads on Kubernetes using Red Hat OpenShift Virtualization Engine. By combining Portworx by Pure Storage with Red Hat OpenShift Virtualization Engine, enterprises can deploy and manage virtual machines (VMs) to containers

      5/19/25 9:30:00 AM ET
      $PSTG
      Electronic Components
      Technology
    • Nutanix and Pure Storage Partner to Deliver Greater Customer Choice with New Integrated Solution for Mission-Critical Workloads

      WASHINGTON and SANTA CLARA, Calif., May 07, 2025 (GLOBE NEWSWIRE) -- Nutanix (NASDAQ:NTNX), a leader in hybrid multicloud computing, and Pure Storage® (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage platform and services, today announced a partnership aimed at providing a deeply integrated solution that will allow customers to seamlessly deploy and manage virtual workloads on a scalable modern infrastructure. This integrated solution comes at a pivotal time for customers as the virtualization market evolution is top of mind. IT leaders are focused on helping their organizations maintain pace with the rapidly changing technology landscape while

      5/7/25 10:15:00 AM ET
      $NTNX
      $PSTG
      Computer Software: Prepackaged Software
      Technology
      Electronic Components
    • Pure Storage Announces Date and Conference Call Information for First Quarter Fiscal 2026 Financial Results

      SANTA CLARA, Calif., May 6, 2025 /PRNewswire/ -- Pure Storage® (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced it will host a conference call on Wednesday, May 28, at 2:00 p.m. PT to discuss its financial results for first quarter fiscal 2026 ended May 4, 2025. This conference call will be held following the release of Pure Storage's financial results. First Quarter Fiscal 2026 Conference Call Details A live audio broadcast of the conference call will be available at the Pure Storage Investor Relations w

      5/6/25 4:05:00 PM ET
      $PSTG
      Electronic Components
      Technology

    $PSTG
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more

    $PSTG
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Amendment: SEC Form SC 13G/A filed by Pure Storage Inc.

      SC 13G/A - Pure Storage, Inc. (0001474432) (Subject)

      7/8/24 4:32:39 PM ET
      $PSTG
      Electronic Components
      Technology
    • SEC Form SC 13G/A filed by Pure Storage Inc. (Amendment)

      SC 13G/A - Pure Storage, Inc. (0001474432) (Subject)

      2/12/24 11:21:35 AM ET
      $PSTG
      Electronic Components
      Technology
    • SEC Form SC 13G/A filed by Pure Storage Inc. (Amendment)

      SC 13G/A - Pure Storage, Inc. (0001474432) (Subject)

      2/12/24 10:50:01 AM ET
      $PSTG
      Electronic Components
      Technology
    • Chief Visionary Officer Colgrove John sold $5,201,000 worth of Class A Common Stock (100,000 units at $52.01) (SEC Form 4)

      4 - Pure Storage, Inc. (0001474432) (Issuer)

      5/14/25 4:42:45 PM ET
      $PSTG
      Electronic Components
      Technology
    • Chief Revenue Officer Fitzsimons Dan sold $44,917 worth of Class A Common Stock (872 units at $51.51), decreasing direct ownership by 0.97% to 89,351 units (SEC Form 4)

      4 - Pure Storage, Inc. (0001474432) (Issuer)

      5/14/25 4:42:08 PM ET
      $PSTG
      Electronic Components
      Technology
    • Chief Revenue Officer Fitzsimons Dan sold $285,429 worth of Class A Common Stock (6,977 units at $40.91), decreasing direct ownership by 7% to 90,223 units (SEC Form 4)

      4 - Pure Storage, Inc. (0001474432) (Issuer)

      4/23/25 4:04:36 PM ET
      $PSTG
      Electronic Components
      Technology

    $PSTG
    Financials

    Live finance-specific insights

    See more
    • Pure Storage Announces Date and Conference Call Information for First Quarter Fiscal 2026 Financial Results

      SANTA CLARA, Calif., May 6, 2025 /PRNewswire/ -- Pure Storage® (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced it will host a conference call on Wednesday, May 28, at 2:00 p.m. PT to discuss its financial results for first quarter fiscal 2026 ended May 4, 2025. This conference call will be held following the release of Pure Storage's financial results. First Quarter Fiscal 2026 Conference Call Details A live audio broadcast of the conference call will be available at the Pure Storage Investor Relations w

      5/6/25 4:05:00 PM ET
      $PSTG
      Electronic Components
      Technology
    • Pure Storage Announces Fiscal Fourth Quarter and Full Year 2025 Financial Results

      Delivers double-digit revenue growth and strong profitability in Q4 Full year 2025 revenue surpasses $3 billion, representing growth of 12% year-over-year SANTA CLARA, Calif., Feb. 26, 2025 /PRNewswire/ -- Today Pure Storage (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technologies and services, announced financial results for its fiscal fourth quarter and full year 2025 ended February 2, 2025. "Pure Storage delivered solid fourth quarter and full year results as we fundamentally transform data storage and management for enterprises and hype

      2/26/25 4:05:00 PM ET
      $PSTG
      Electronic Components
      Technology
    • Pure Storage Announces Date and Conference Call Information for Fiscal Fourth Quarter and Full Year 2025 Financial Results

      SANTA CLARA, Calif., Feb. 5, 2025 /PRNewswire/ -- Pure Storage® (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced it will host a conference call on Wednesday, February 26 at 2:00 p.m. PT to discuss its financial results for fiscal fourth quarter and full year 2025 ended February 2, 2025. This conference call will be held following the release of Pure Storage's financial results. Fiscal Q4 and Full Year 2025 Conference Call DetailsA live audio broadcast of the conference call will be available at the Pure S

      2/5/25 4:10:00 PM ET
      $PSTG
      Electronic Components
      Technology

    $PSTG
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Barclays reiterated coverage on Pure Storage with a new price target

      Barclays reiterated coverage of Pure Storage with a rating of Equal Weight and set a new price target of $61.00 from $56.00 previously

      12/4/24 8:44:25 AM ET
      $PSTG
      Electronic Components
      Technology
    • Wells Fargo reiterated coverage on Pure Storage with a new price target

      Wells Fargo reiterated coverage of Pure Storage with a rating of Overweight and set a new price target of $80.00 from $75.00 previously

      12/4/24 8:43:43 AM ET
      $PSTG
      Electronic Components
      Technology
    • Citigroup reiterated coverage on Pure Storage with a new price target

      Citigroup reiterated coverage of Pure Storage with a rating of Buy and set a new price target of $75.00 from $63.00 previously

      12/4/24 8:43:43 AM ET
      $PSTG
      Electronic Components
      Technology

    $PSTG
    SEC Filings

    See more
    • SEC Form 144 filed by Pure Storage Inc.

      144 - Pure Storage, Inc. (0001474432) (Subject)

      5/12/25 4:02:16 PM ET
      $PSTG
      Electronic Components
      Technology
    • SEC Form DEFA14A filed by Pure Storage Inc.

      DEFA14A - Pure Storage, Inc. (0001474432) (Filer)

      5/2/25 4:19:57 PM ET
      $PSTG
      Electronic Components
      Technology
    • SEC Form DEF 14A filed by Pure Storage Inc.

      DEF 14A - Pure Storage, Inc. (0001474432) (Filer)

      5/2/25 4:18:41 PM ET
      $PSTG
      Electronic Components
      Technology

    $PSTG
    Leadership Updates

    Live Leadership Updates

    See more
    • Pure Storage Set to Join S&P MidCap 400; Patterson Companies to Join S&P SmallCap 600

      NEW YORK, Jan. 2, 2024 /PRNewswire/ -- Pure Storage Inc. (NYSE:PSTG) will replace Patterson Companies Inc. (NASD:PDCO) in the S&P MidCap 400, and Patterson Companies will replace Chico's FAS Inc. (NYSE:CHS) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, January 5. Sycamore Partners is acquiring Chico's FAS in a transaction expected to be completed on or about that date pending final conditions. Patterson Companies has a market capitalization that is more representative of the small-cap market space.                                Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index N

      1/2/24 6:21:00 PM ET
      $CHS
      $PDCO
      $PSTG
      $SPGI
      Clothing/Shoe/Accessory Stores
      Consumer Discretionary
      Medical Specialities
      Health Care
    • Pure Storage Appoints Lynn Lucas as Chief Marketing Officer

      B2B Veteran Brings Decades of Experience Driving Growth and Innovation Across Hybrid Cloud and Software Markets SANTA CLARA, Calif., Dec. 5, 2023 /PRNewswire/ -- Pure Storage® (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced the appointment of Lynn Lucas as its Chief Marketing Officer (CMO). She will report directly to Pure Storage Chief Operating Officer Matt Burr. Lucas comes to Pure Storage as an award-winning and results-driven marketeer who has led marketing organizations for both high growth SaaS c

      12/5/23 9:00:00 AM ET
      $PSTG
      Electronic Components
      Technology
    • Freshworks Appoints Johanna Jackman as Chief People Officer

      SAN MATEO, Calif., Aug. 28, 2023 (GLOBE NEWSWIRE) -- Freshworks Inc., (NASDAQ:FRSH) today announced the appointment of Johanna Jackman as the company's new Chief People Officer (CPO). Johanna joins the executive team and reports to Freshwork's Chief Executive Officer Girish Mathrubootham and President Dennis Woodside. Jackman will be responsible for the company's global human resources strategy and operations, which oversees HR business partnerships, talent acquisition and employee development, facilities, compensation and benefits, corporate social responsibility programs, and diversity, equity and inclusion strategy. A global executive who focuses on driving business impact, Jackman has

      8/28/23 8:00:00 AM ET
      $FRSH
      $PSTG
      Computer Software: Prepackaged Software
      Technology
      Electronic Components