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Western Digital bolsters SSDs with VeloBit purchase

Posted: 16 Jul 2013 ?? ?Print Version ?Bookmark and Share

Keywords:Western Digital? VeloBit? storage I/O? solid state drives?

Western Digital recently acquired storage I/O optimisation software provider VeloBit. The newly acquired company, enhances storage system performance with its software technology by adding a transparent acceleration layer utilising solid state drives (SSDs), will be fully integrated into HGST, a wholly owned subsidiary of Western Digital. Financial terms of the transaction were not disclosed.

"We are convinced that the best way to meet our customers' needs is to tightly integrate storage optimisation software with the hardware," said Duncan McCallum, co-founder and CEO of VeloBit. "In HGST we have found the ideal partner to continue to develop our ground-breaking caching, compression, and cache coherence technology. This acquisition will enable us to continue to expand the range of products and services we offer to our customers," added McCallum.

The acquisition builds on HGST's strategy to enhance the overall value of datacenter storage by integrating HGST SSDs with software. VeloBit's SSD caching software dramatically accelerates applications and increases server density by enabling higher I/O performance, lower latency, and more efficient usage of processor and storage resources.

Both the VeloBit acquisition and the proposed sTec acquisition by Western Digital reflect acceleration by its HGST subsidiary in the fast growing and strategic enterprise SSD space, augmenting its technology position and IP portfolio with additional engineering and design resources.

VeloBit was founded in September 2010 by an experienced team of storage industry experts and entrepreneurs to commercialise inventions in caching and data compression. The company was funded by Fairhaven Capital and Longworth Venture Partners.

VeloBit has won multiple competitive product benchmarks in the areas of I/O acceleration and server density optimisation. VeloBit HyperCache was chosen by Storage Magazine as a 2012 Storage Product of the Year.

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