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Thursday, October 17, 2013
 Western Digital Completes Acquisition of Virident
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Message Text: Western Digital has completed the acquisition of Virident Systems, Inc., a provider of server-side flash storage for virtualization, database, cloud computing, and webscale applications.

Virident will be integrated into HGST, a wholly-owned subsidiary of Western Digital.

The Virident acquisition follows HGST?s recent purchase of sTec, an developer of enterprise solid-state drives (SSDs) and VeloBit, an 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 $2.5B in revenue in 2012 to $7.2B in revenue by 20171.

Virident CEO Mike Gustafson is joining HGST as a senior vice president leading the Virident team.


 
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