DataCore Buys Object Storage Pioneer Object Matrix

DataCore Software  has acquired Object Matrix, an 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, DataCore says, “reinforces the Perifery line of edge devices and solutions, while adding unparalleled talent and expertise to the Perifery team.”

Abhijit Dey, general manager of DataCore’s Perifery business, said: “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. 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 let broadcasters and service providers 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 aid customers in moving from core to the edge and cloud. By strategically aligning the Perifery and Object Matrix solution offerings, DataCore said it is “redefining how storage resources are best utilized to ensure optimal results and the lowest cost for customers, turning technology barriers into breakthroughs.”

Jonathan Morgan, Object Matrix CEO, said: “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. 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 follows DataCore’s acquisitions of Caringo in January 2021 and MayaStor in November 2021. Caringo’s Swarm Object Storage software currently serves hundreds of customers in more than 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 1 million downloads a year and has seen over 50% user growth since 2021, the company says.