BusinessMergers & Acquisitions
Storj plans to acquire PetaGene and cunoFS maker
Storj has announced its plan to acquire PetaGene, a company specializing in file storage with a team based in Cambridge, UK. PetaGene is known for creating the cunoFS distributed file storage mount client. The acquisition aims to integrate PetaGene's expertise into Storj's operations.
Key Takeaways
- Storj said it plans to acquire PetaGene, a file-storage company based in Cambridge, UK.
- PetaGene created cunoFS, a distributed file storage mount client.
- Storj said the acquisition is intended to integrate PetaGene’s expertise into its operations.
Why It Matters
This gives Storj a direct path to add PetaGene’s file-storage expertise and the cunoFS mount client to its own operations. In a streaming infrastructure market where storage tooling matters, the deal ties Storj to a specific distributed file-storage product and a Cambridge-based engineering team. The clearest signal to watch is whether Storj closes the acquisition and how cunoFS is folded into Storj’s product set or technical stack.
Read full article at storj.io