Notice of Selection of Winning Bidder Filed for Tintri, Inc.
August 28, 2018 at 12:00 am EDT
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Tintri, Inc. filed a notice for the selection of Successful Bidder in the US Bankruptcy Court for the sale of substantially all its assets on August 28, 2018. As a result of the auction conducted on August 27, 2018, TI Acquisition Corp. has been selected as the winning bidder and ESW Capital LLC as back up bidder for the sale of debtor substantially all its assets. The final sale hearing is scheduled on August 29, 2018.
Tintri, Inc. is a storage company. The Company provides customized solutions for storing and managing virtual machines in enterprise data centers through its wholly owned subsidiary of DataDirect Networks (DDN). The Companyâs products include VMstore, DDN IntelliFlash and NexentaStor. Its products also include block storage, flash storage, file storage, artificial intelligence (AI) storage, unified storage, monitoring and management, and software-defined storage, including SFA18KX, SFA7990X, SFA200NVX2, SFA400NVX2, EXAScaler, A3I, AI400X2, DDN DataFlow and DDN Insight. The Company's solutions include structured query language (SQL) integrated storage, databases, data protection, DevOps, virtual desktop infrastructure (VDI), virtualization, enterprise AI and industry solutions.