Fusion-io, a datacenter-accelerator has declared on Wednesday, April 24th that it has acquired NexGen Storage, an appliance vendor, for an amount of $114 million and $5 million of stock. As a result of this deal, 50 NexGen staff members will now move into Fusion-io and assist the datacenter-accelerator to expand its market and products to small and medium-sized businesses by offering data storage solutions that should not only be reliable, but swift as well for all-flash solutions, while giving cost efficiency in disk memory. Both companies are already working on storage solutions.
Chairman and CEO of Fusion-io, David Flynn said on this occasion that, “Many SME businesses have lean IT teams and budgets, making it critical to offer an integrated and affordable entry point for flash powered application acceleration that delivers consistent performance, even under demanding workloads like VDI and analytics. The hybrid NexGen solution combines memory attached flash and disk on leading server platforms to provide a system tuned to deliver performance, price and capacity. With this acquisition, we will maintain the current NexGen product model as we transition to supporting customers’ preferred server platforms with our OEM partners.”
NexGen Co-founder John Spiers will now take up the roll of new Fusion-io Senior Vice President and General Manager, NexGen Products and said that, “We architected our solution around Fusion ioMemory because it offered the highest reliability, the most predicable performance, and because it is built as a platform for easy developer integration. The NexGen ioControl software uniquely eliminates the need for another layer of latency in storage tiering and the bottlenecks introduced by SSD storage controllers, making it the ideal hybrid system to evolve into an open, software defined platform at Fusion-io.”
According to the official press release, “As data demands continue to expand for businesses of all sizes, the NexGen ioControl software enables IT teams to control and prioritize acceleration for mission critical, business critical, and even non-critical applications. Through the ioControl software, the NexGen system uniquely:
– Enables customers to independently provision performance and capacity with a software defined architecture that provides the performance of an all-flash array at the price of a hybrid system;
– Delivers dynamic real-time flash write caching, read caching and tiering with managed performance targets, providing sustained and predicable performance for multiple applications;
– Provides enterprise reliability with Fusion ioMemory, which is estimated to support over 250 times more data written over a system’s lifetime compared to systems based on SATA and SAS SSDs;
– Consistently accelerates application performance at least three times more than systems that integrate SSDs behind legacy storage controllers; and
– Transparently moves data between high performance and low cost storage media, eliminating the need for another software layer to manage storage tiering.”
Source: VentureBeat, Fusion-io
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