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Friday, July 12, 2013

EMC and Western Digital make flash software buys

EMC Corp. and Western Digital Corp. strengthened their solid-state storage portfolios this week by acquiring startups with flash software technology to enhance their hardware products.

EMC signed a definitive agreement to acquire storage pooling software provider ScaleIO Inc. following weeks of speculation. The deal is expected to close this month.

Western Digital acquired VeloBit Inc., which sells server-based caching software for block-based primary storage and solid-state drives (SSDs). VeloBit will be integrated into Western Digital's wholly owned subsidiary HGST Inc. (formerly Hitachi Global Storage Technologies), which manufactures SSDs and hard disk drives (HDDs).

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