Everpure secures second hyperscaler design win
Analysis based on 6 articles · First reported Aug 10, 2026 · Last updated Aug 11, 2026
The design win with a second top-five hyperscaler validates Pure Storage — Everpure's technology and expands its addressable market, likely boosting investor confidence and supporting the stock price. Revenue contribution is expected from fiscal year 2028, providing a long-term growth catalyst.
Pure Storage — Everpure (NYSE: P), a data storage and management company, announced on August 10, 2026, that it has secured a design win and supply agreement with a second top-five hyperscaler. This follows its first hyperscaler design win announced in late 2024. The agreement leverages Pure Storage — Everpure's DirectFlash technology to optimize hyperscale storage across multiple performance tiers, offering higher density, performance, and reliability while reducing operational costs and power consumption. CEO Charles Giancarlo highlighted the technology's advantages over legacy storage solutions. Pure Storage — Everpure expects the design win to contribute significantly to revenue starting in fiscal year 2028. Financial terms and the identity of the hyperscaler were not disclosed. The announcement reinforces Pure Storage — Everpure's position in the hyperscale storage market and its software-driven approach to data management.
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