On January 20, 2017 Western Digital, a provider of storage products and solutions, announced their Q2 2017 (ending December 31, 2016) financial results. In Q2, Western Digital realized $4.9 billion revenue with operating income of $545 million (earnings before income...
On January 19, 2017, Exablox, a young data storage system company, announced that it is being acquired by StorageCraft, a family of companies, founded in 2003, that makes backup and recovery software. Neuralytix predicted that there would be considerable...
On January 17, 2017, HP Enterprise (HPE) announced its intention to acquire hyperconverged infrastructure (HCI) firm SimpliVity for $650M in cash. This acquisition is a result of several months of speculation that such a deal would happen. From a deal perspective,...
On January 11, 2017, Kaminario, an all-flash storage company, announced that it had received an additional $75M in funding led by Waterwood, a private equity firm that invests in growth-stage technology companies and CIRTech, a venture capital firm that invests across...
Bitcasa, the company that started out as the provider of “infinite [cloud] storage” for its customers has finally shuttered its doors. Brian E. Taptich, the former CEO, Bitcasa writes the following in an open letter on Bitcasa’s home page: Bitcasa is...
