Tintri's assets to be eaten up by rival storage vendor

Tom Wright
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Tintri's assets to be eaten up by rival storage vendor

DataDirect Networks says it will provide support and a 'strong long-term product road map' to Tintri customers

DataDirect Networks (DDN) is set to acquire all of Tintri's assets after entering into a "non-binding" agreement. Tintri's future has been in serious doubt over recent months, with the vendor revealing last month that it would not have enough funds to survive into July. It has since been informed by the NASDAQ market that its shares will be delisted after it failed to report its quarterly numbers. Storage vendor DDN has now claimed it has agreed to acquire Tintri's assets after signing a letter...

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