Pure Storage and EMC Settle All Litigation

MOUNTAIN VIEW, Calif., Oct. 19, 2016 /PRNewswire/ -- Pure Storage (NYSE: PSTG) and EMC today have agreed to settle all litigation between the two companies. The specific terms of the settlement are confidential, but include a payment to Dell, the dismissal of all litigation between the parties, mutual releases and a license to the disputed patent.

About Pure Storage

Pure Storage (NYSE:PSTG) helps companies push the boundaries of what's possible. The company's all-flash based technology, combined with its customer-friendly business model, drives business and IT transformation with Smart Storage that is effortless, efficient and evergreen. Pure Storage offers two flagship products: FlashArray//m, optimized for structured workloads, and FlashBlade, ideal for unstructured data. With Pure's industry leading Satmetrix-certified NPS score of 83.5, Pure customers are some of the happiest in the world, and include organizations of all sizes, across an ever-expanding range of industries.

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SOURCE Pure Storage

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