Turn off the Ad Banner  

To print: Select File and then Print from your browser's menu.

    -----------------------------------------------
This story was printed from CdrInfo.com,
located at http://www.cdrinfo.com.
-----------------------------------------------

Appeared on: Thursday, October 17, 2013
Western Digital Completes Acquisition of Virident

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.




Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2024 - All rights reserved -
Privacy policy - Contact Us .