SanDisk Corporation, a world-leading producer of flash storage devices, has announced an agreement to acquire Fusion-io, a top developer of flash-based PCIe storage hardware and software products for enterprise and datacenter applications, in an all-cash transaction reportedly valued at approximately $1.1 billion. Under the terms of the agreement, SanDisk will tender an offer for all outstanding shares of Fusion-io stock …
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Seagate Acquiring LSI’s Flash Divisions From Avago Technologies
Seagate Technology, a world-leading provider of storage products, is announcing that they have entered into a definitive asset purchase agreement with Avago Technologies Limited, which will result in Seagate acquiring from Avago the assets of LSI’s Accelerated Solutions Division (ASD) and Flash Components Division (FCD) for a reported $450 million in cash. Although a bit of a late-comer to the …
Read More »LSI Extends PCIe Flash-Caching to EMC and Cisco Blade Products
LSI has put together a little something for the Cisco servers of the world. Leveraging EMC VFCache caching software and LSI’s Nytro WarpDrive PCIe solutions, LSI intends to extend PCIe SSD caching to EMC’s storage systems attached to Cisco’s Cisco UCS B-Series Blade Servers. The goal is to reduce latency and service times in storage transactions coming from EMC’s storage …
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