We are delighted to announce that SwiftStack has signed a definitive agreement to be acquired by NVIDIA. For more than a year, our team has worked together with NVIDIA to solve the data challenges to enable AI at scale. We expect to close the transaction in the weeks ahead, subject to customary conditions.
Last year, when we announced SwiftStack 7, we unveiled our focus on the SwiftStack Data Platform for AI, HPC, and accelerated computing. This included SwiftStack 1space as a valuable piece of the puzzle, enabling data acceleration in the core, at the edge, and in the cloud.
To our existing customers—we will continue to maintain, enhance, and support 1space, ProxyFS, Swift, and the Controller. SwiftStack’s technology is already a key part of NVIDIA’s GPU-powered AI infrastructure, and this acquisition will strengthen what we do for you.
Building AI supercomputers is exciting to the entire SwiftStack team. We couldn’t be more thrilled to work with the talented folks at NVIDIA and look forward to contributing to its world-leading accelerated computing solutions.
I’m personally excited about what the team and I will be building at NVIDIA. To stay in the know, follow me on twitter – @joearnold.
-Joe Arnold, CPO and co-founder, SwiftStack