Nutanix CEO Squashes Rumor of Sale to Cisco
Dheeraj Pandey says his company has plans to go public and expand its portfolio, and that he is committed to his partnership with Dell.Nutanix CEO Dheeraj Pandey is putting an end to rumors that Cisco Systems will buy his company, issuing a statement May 18 that his company remains committed to Dell as its OEM partner and to its own plans to become "one of the next iconic independent software companies." In his statement addressed to the "Dell Team," Pandey said he and other company executives have plans to go public "in the not-so-distant future," and that "if we ever decide to become part of another company, Dell will have a front-row seat in bidding for it." "There is no truth to the rumors," the CEO wrote. "With the ever-increasing attention on convergence and the cloud, we will continue to see press and analysts put forward their guesses on mergers and acquisitions in this space. Keep the faith. If you've known us even a bit, you'd have realized we're a fiercely independent bunch." The rumors that swept through the industry over the past few days gained momentum after Jared Rinderer, senior research analyst with Equity Capital Research Group, wrote in a column on the StorageNewsletter site May 15 that Cisco wanted to grow its capabilities in the hyper-converged infrastructure space in its growing competition with VMware and its parent company, EMC, both of which were at one time strong partners with the networking giant.
VMware earlier this month launched the VxRack family of hyper-converged data center solutions.