EMC Confirms XtremIO Flash Storage Acquisition
EMC gets its hands on some flash IP and expertise with XtremIO
EMC may have just pipped its major rival NetApp, by acquiring Israeli flash storage company XtremIO.
Reports had indicated both were interested in XtremIO, but EMC has completed its talks and cemented a deal, which is believed will cost the storage giant as much as £279 million.
EMC has been massively keen on using flash in storage, since it entered the market in 2008. Recently it moved further into the server side of things, unveiling its first PCIe NAND flash card, known as VFCache.
Flash forward
With the acquisition of XtremIO, EMC thinks it will be able to offer something special to those companies wanting all-flash storage. XtremIO offers a storage array that was engineered to only use fast solid state memory, alongside green benefits with purported power savings of 82 percent and equipment that uses up less rack space than others.
“XtremIO brings to EMC amazing technology with a fantastic team that’s captured praise from early-view customers and many of the industry’s foremost thinkers,” said Pat Gelsinger, president and chief operating officer for EMC information infrastructure products.
“We fully expect XtremIO technology, once introduced to market, to have a tremendous impact on our customer’s ability to leverage the unique advantages of all-Flash storage across many of their most demanding applications.”
XtremIO was founded in 2009 and has offices in Herzliya, Israel and San Jose, California.
Additional details on the deal are expected to be announced at EMC World later this month. TechWeekEurope will be there to report on all the latest EMC news.
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