I think Panzura may change in a positive direction now that it's been bought by Profile Capital. That's a very big investment company for technology businesses and I think it's an opportunity for Panzura to provide its users with even better solutions. Maybe it won't change considerably at first, but thanks to the funding, they'll be able to give their users even better data management, security, and the rest of their features. We can't know what will happen really because the deal details were not discussed, but I've been a user of Panzura and hope it'll only continue to protect my cloud data and make the experience even better.
Hi, I don't know the company's official reasons behind the acquisition but if I remember well, because it happened in 2020, Panzura got bought by a big venture capital firm that usually invests in IT. I think this happened as the pandemic started and people started working from home and needed cloud storage more than ever. So that's when Panzura and its extensive services got extremely popular. I guess that's why they got noticed by the big company and they invested in them, potentially seeing their opportunity for profit if the company continues to grow and users continue to use its solutions for cloud data management.
I think Panzura may change in a positive direction now that it's been bought by Profile Capital. That's a very big investment company for technology businesses and I think it's an opportunity for Panzura to provide its users with even better solutions. Maybe it won't change considerably at first, but thanks to the funding, they'll be able to give their users even better data management, security, and the rest of their features. We can't know what will happen really because the deal details were not discussed, but I've been a user of Panzura and hope it'll only continue to protect my cloud data and make the experience even better.
Hi, I don't know the company's official reasons behind the acquisition but if I remember well, because it happened in 2020, Panzura got bought by a big venture capital firm that usually invests in IT. I think this happened as the pandemic started and people started working from home and needed cloud storage more than ever. So that's when Panzura and its extensive services got extremely popular. I guess that's why they got noticed by the big company and they invested in them, potentially seeing their opportunity for profit if the company continues to grow and users continue to use its solutions for cloud data management.