Quantum, Supermicro Partner To Expand Object Storage Software Solutions Coverage - Quantum (NASDAQ:QMCO)

Quantum Corp QMCO collaborated with enterprise computing provider Supermicro to deliver object storage solutions to extract more value from their increasing data stores.
It will help Supermicro's customers, resellers, and integrators quickly purchase scalable, software-defined object storage software to manage and monetize massive amounts of unstructured data.
The financial terms of the deal were not disclosed.
The solution combined with Supermicro high-density, high-capacity servers delivers the scale, flexibility, and performance required for massive data workloads.
Additionally, Quantum announced a new release of ActiveScale object storage software that restructures the way organizations store, manage, and extract value from their growing stores of unstructured data.
ActiveScale 6.0 software delivers unlimited scalability and consistent performance at any scale without compromising data availability, durability, and security.
The software is now available as a subscription on qualified platforms, including the new ActiveScale X200 platform and through Supermicro.
Price action: QMCO shares traded lower by 1.40% at $7.05 in the market session on the last check Thursday.