• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • 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
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEW
    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

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    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
    SEC Filings

    View All

    SEC Form 144 filed by Pure Storage Inc.

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

    7/29/25 4:27:13 PM ET
    $PSTG
    Electronic Components
    Technology

    SEC Form 144 filed by Pure Storage Inc.

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

    7/11/25 4:01:46 PM ET
    $PSTG
    Electronic Components
    Technology

    SEC Form 144 filed by Pure Storage Inc.

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

    7/2/25 5:32:25 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.

    View All

    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
    Insider Trading

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

    View All

    Chief Visionary Officer Colgrove John sold $24,068,553 worth of Class A Common Stock (400,000 units at $60.17) (SEC Form 4)

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

    7/31/25 5:27:35 PM ET
    $PSTG
    Electronic Components
    Technology

    Chief Accounting Officer Chu Mona disposed of 20,071 units of Class A Common Stock, decreasing direct ownership by 23% to 68,088 units (SEC Form 4)

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

    7/15/25 4:16:36 PM ET
    $PSTG
    Electronic Components
    Technology

    Director Murphy John Francis sold $390,887 worth of Class A Common Stock (6,959 units at $56.17), decreasing direct ownership by 26% to 19,706 units (SEC Form 4)

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

    7/15/25 4:13:58 PM ET
    $PSTG
    Electronic Components
    Technology

    $PSTG
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Pure Storage Announces Date and Conference Call Information for Second Quarter Fiscal 2026 Financial Results

    SANTA CLARA, Calif., Aug. 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, August 27, at 2:00 p.m. PT to discuss its financial results for second quarter fiscal 2026 ended August 3, 2025. This conference call will be held following the release of Pure Storage's financial results. Second Quarter Fiscal 2026 Conference Call Details A live audio broadcast of the conference call will be available at the Pure Storage Investor Re

    8/6/25 4:10:00 PM ET
    $PSTG
    Electronic Components
    Technology

    Pure Storage Names Tarek Robbiati as Chief Financial Officer

    SANTA CLARA, Calif., June 24, 2025 /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 Tarek Robbiati as its Chief Financial Officer (CFO), effective immediately. Robbiati has more than 25 years of financial and leadership experience in the global technology sector. Robbiati has served in various business and financial leadership roles, including as CEO of RingCentral. Before that, as CFO of Hewlett Packard Enterprise Company (HPE), he increased the company's

    6/24/25 9:00:00 AM ET
    $PSTG
    Electronic Components
    Technology

    PURE STORAGE UNVEILS NEXT-GENERATION STORAGE PRODUCTS TO DELIVER PERFORMANCE AT ANY SCALE

    New Pure Storage FlashArray and FlashBlade offerings support the most massive demands for increasingly intensive workloads LAS VEGAS, June 18, 2025 /PRNewswire/ -- Pure//Accelerate -- Pure Storage® (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced an expansion of its next-generation storage products designed for the most demanding, high-performance workloads. "In an era where data is king and IT complexity remains a major hurdle to accessing and using data for optimal business value, Pure Storage is once a

    6/18/25 9:00:00 AM ET
    $PSTG
    Electronic Components
    Technology

    $PSTG
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    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

    $PSTG
    Leadership Updates

    Live Leadership Updates

    View All

    Pure Storage Names Tarek Robbiati as Chief Financial Officer

    SANTA CLARA, Calif., June 24, 2025 /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 Tarek Robbiati as its Chief Financial Officer (CFO), effective immediately. Robbiati has more than 25 years of financial and leadership experience in the global technology sector. Robbiati has served in various business and financial leadership roles, including as CEO of RingCentral. Before that, as CFO of Hewlett Packard Enterprise Company (HPE), he increased the company's

    6/24/25 9:00:00 AM ET
    $PSTG
    Electronic Components
    Technology

    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
    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

    $PSTG
    Financials

    Live finance-specific insights

    View All

    Pure Storage Announces Date and Conference Call Information for Second Quarter Fiscal 2026 Financial Results

    SANTA CLARA, Calif., Aug. 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, August 27, at 2:00 p.m. PT to discuss its financial results for second quarter fiscal 2026 ended August 3, 2025. This conference call will be held following the release of Pure Storage's financial results. Second Quarter Fiscal 2026 Conference Call Details A live audio broadcast of the conference call will be available at the Pure Storage Investor Re

    8/6/25 4:10:00 PM ET
    $PSTG
    Electronic Components
    Technology

    Pure Storage Announces First Quarter Fiscal 2026 Financial Results

    Q1 total revenue growth of 12% year-over-year Storage as a Service offerings TCV sales growth of 70% SANTA CLARA, Calif., May 28, 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 first quarter fiscal year 2026 ended May 4, 2025. "Pure continues to demonstrate the superiority of our technology and strategy through our steady growth and the expansion of our products and services," said Pure Storage CEO and Chairman, Charles Giancarlo. "Pure's pla

    5/28/25 4:01:00 PM ET
    $PSTG
    Electronic Components
    Technology

    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