By WRAL Tech Wire
RESEARCH TRIANGLE PARK, N.C. – EMC Corporation (NYSE: EMC) today announced that it has acquired privately-held XtremIO in an all-cash transaction.
The Israel-based XtremIO is regarded as one of the world’s premier flash storage architecture pioneers. This move provides an added dimension as EMC continues to broaden its flash storage portfolio.
Financial terms were not disclosed.
“XtremIO brings to EMC amazing technology with a fantastic team that’s captured praise from early-view customers and many of the industry’s foremost thinkers,” said Pat Gelsinger, President and Chief Operating Officer of EMC Information Infrastructure Products. “We fully expect XtremIO technology, once introduced to market, to have a tremendous impact on our customer’s ability to leverage the unique advantages of all-flash storage across many of their most demanding applications.”
The addition of XtremIO complements the range of EMC Flash-based systems and software stemming from EMC’s early entry into the Flash storage market in 2008 when it became the first to integrate Flash drives into enterprise storage arrays. In 2011, EMC shipped to customers over 24 PBs of Flash drive capacity.
EMC is based out of Massachusetts and operates a 450,000 square-foot data center in Durham with additional local facilities in Research Triangle Park, Raleigh, Apex, Greensboro, and Charlotte.
