WD completes Virident's acquisition
VARINDIA- INDIA'S FRONTLINE IT MAGAZINE
The Virident acquisition follows HGST's recent purchase of sTec, an early innovator in enterprise solid-state drives (SSDs) and VeloBit, an advanced I/O optimization software company. These investments expand HGST’s presence in the rapidly-growing and strategic enterprise SSD space, which IDC predicts will grow from $2.5 billion in revenue in 2012 to $7.2 billion in revenue by 20171.
"We welcome the talented Virident team to HGST and look forward to working together to solve customer challenges and drive the evolution of datacenter storage. Virident has advanced PCIe flash hardware and software solutions that accelerate application performance and virtualization of memory and storage resources. Our data center customers will be able to share SSD storage capacity across applications and servers, for greater efficiency, agility, and scale," said Mike Cordano, President, HGST.
Virident CEO Mike Gustafson is joining HGST as a senior vice-president leading the Virident team. Gustafson, who has more than 20 years of experience in the storage........See More
Western Digital Corp.(NASDAQ:WDC) has announced that it has completed acquisition of Virident Systems Inc.
The acquisition furthers HGST's strategy to address the rapidly changing needs of enterprise customers by delivering intelligent storage solutions that maximize application performance by leveraging the tightly coupled server, storage and network resources of today's converged data center infrastructures.
The acquisition furthers HGST's strategy to address the rapidly changing needs of enterprise customers by delivering intelligent storage solutions that maximize application performance by leveraging the tightly coupled server, storage and network resources of today's converged data center infrastructures.
The Virident acquisition follows HGST's recent purchase of sTec, an early innovator in enterprise solid-state drives (SSDs) and VeloBit, an advanced I/O optimization software company. These investments expand HGST’s presence in the rapidly-growing and strategic enterprise SSD space, which IDC predicts will grow from $2.5 billion in revenue in 2012 to $7.2 billion in revenue by 20171.
"We welcome the talented Virident team to HGST and look forward to working together to solve customer challenges and drive the evolution of datacenter storage. Virident has advanced PCIe flash hardware and software solutions that accelerate application performance and virtualization of memory and storage resources. Our data center customers will be able to share SSD storage capacity across applications and servers, for greater efficiency, agility, and scale," said Mike Cordano, President, HGST.
Virident CEO Mike Gustafson is joining HGST as a senior vice-president leading the Virident team. Gustafson, who has more than 20 years of experience in the storage........See More