EMC Acquires ScaleIO for Flash Software

IT and cloud-computing company EMC (NYSE: EMC  ) announced today that it will buy ScaleIO, a privately held company considered by EMC to be a "pioneer" in server-side storage.

EMC hopes to absorb much of ScaleIO's innovation into the folds of its own business, adding the company's "highly scalable" Flash server software into its own product portfolio and cloud-computing environments .

In a statement today, EMC President and COO David Goulden said:

Flash now permeates every layer of IT -- in virtualized and non-virtualized environments. Enterprise workloads are diverse in nature, and EMC is committed to offering our customers and partners choice in their Flash deployments. ScaleIO is a natural extension to our best-of-breed portfolio. It strengthens our product capabilities in the area of server-side storage and brings a world class team that will undoubtedly enable us to innovate more quickly in the future.

According to the release, ScaleIO's secret sauce involves the creation of a software environment whereby server users (from10 to thousands) can consolidate and organize storage from any number of hardware storage devices.

EMC didn't disclose specific financial details, but the company did note that the deal is not expected to have any effect on its full year 2013 earnings.


Read/Post Comments (0) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2533478, ~/Articles/ArticleHandler.aspx, 11/26/2014 1:50:26 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement