04:44 AM EST, 12/04/2024 (MT Newswires) -- Pure Storage ( PSTG ) said late Tuesday it is working with Kioxia to develop technology for high-performance, scalable storage infrastructure.
Financial terms were not disclosed.
The companies will attempt to engineer a data storage platform to meet the needs of "hyperscale environments" while reducing electricity consumption and the size of data centers, Pure Storage ( PSTG ) said.