EMC Acquires XtremIO
HOPKINTON, Mass. – May 10, 2012
EMC acquires Flash storage pioneer XtremIO
- XtremIO’s all-Flash, scale-out, enterprise storage architecture was designed to leverage Flash memory.
- XtremIO technology to complement the range of EMC Flash-based systems and software stemming from EMC’s early entry into the Flash storage market.
- The all-cash transaction is not expected to have a material impact to EMC GAAP or non-GAAP EPS for the full 2012 fiscal year.
- Additional details will be presented at EMC World
EMC Corporation (NYSE: EMC) today announced that it has acquired privately held XtremIO. Widely regarded as one of the world’s premier Flash storage architecture pioneers, Herzliya, Israel-based XtremIO provides an added dimension as EMC® continues to enhance and broaden its world-leading Flash storage portfolio. The all-cash transaction is not expected to have a material impact to EMC GAAP or non-GAAP EPS for the full 2012 fiscal year.
XtremIO’s all-Flash, scale-out, enterprise storage architecture was designed to leverage the speed and unique abilities of Flash memory. The addition of XtremIO extends EMC’s lead in developing and delivering networked storage infrastructures that are dynamically optimized for performance, intelligence, and protection for both physical and virtualized cloud environments.
Additional details will be provided at EMC World, which is being held May 21-24 at the Venetian in Las Vegas.
EMC Flash Leadership
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.
Flash drives in the EMC VMAX , VMAXe , VNX, VNXe and Isilon storage arrays now enable customers to achieve an order of magnitude better performance than 15K HDDs for those applications and data sets requiring the additional performance. Placing Flash technology in the server on a PCIe card, as evidenced by EMC VFCache, can accelerate performance up to another order of magnitude than 15K HDDs. EMC has also announced “Project Thunder,” optimized for high-frequency, low-latency read/write workloads. Project Thunder will build upon the advanced PCIe technology delivered in VFCache to leverage the power of Flash through a dedicated Server Networked Flash-based appliance. EMC FAST (Fully Automated Storage Tiering) software enables customers to automatically move high-performance—or “hot”—data to enterprise Flash drives to improve application and storage system performance, and automatically move less-active data to SAS/FC and NL-SAS/ SATA storage tiers to reduce costs.
EMC Executive Quote
Pat Gelsinger, President and Chief Operating Officer, EMC Information Infrastructure Products
“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. 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.”
EMC Corporation is a global leader in enabling businesses and service providers to transform their operations and deliver IT as a service. Fundamental to this transformation is cloud computing. Through innovative products and services, EMC accelerates the journey to cloud computing, helping IT departments to store, manage, protect and analyze their most valuable asset — information — in a more agile, trusted and cost-efficient way. Additional information about EMC can be found at www.EMC.com.