Pure Storage Inc (NYSE:PSTG) and Dell Inc., as successor-in-interest to EMC Corporation, entered into an agreement to settle all litigation between Pure Storage and EMC. The specific terms of the settlement are confidential, but include a payment of $30 million to Dell, the dismissal of all litigation between the parties, mutual releases, and a license to the disputed patent.

This Form 8-K contains forward-looking statements regarding settlement of certain litigation matters and nonpublic information required to be disclosed. Undue reliance should not be placed on such forward-looking statements, which speak only as of the date they are made. Pure Storage undertakes no obligation to update such forward-looking statements. Actual events and results may differ materially from those in the forward-looking statements and are subject to risks.