cloud storage

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  • Flash Maker Pure Storage Acquires Deduplication Ace StorReduce

      All-flash storage maker Pure Storage has looked no further than than its next-door Silicon Valley neighbor to acquire some important new storage IP. The Mountain View, Calif.-based company on Aug. 21 announced the acquisition of privately-held, Sunnyvale, Calif. based software company StorReduce, a cloud-first software-defined storage solution for managing large scale unstructured data. Financial terms of the acquisition were not being disclosed. The acquisition allows Pure Storage to add sophisticated deduplication technology to its object storage portfolio and expand…

  • 2022 Data Center Storage Market to Grow At Rate of 11.83% in Global Industry

    Global Data Center Storage Market forecasts detailed comprehensive report on the global Data Center Storage industry. The report provides important details such as the sales, consumption, suppliers, import/export, revenue, growth rate. The report also provides a comparison of key countries based on contribution to global as well as regional level with manufacturers, types, applications, opportunities, challenges. Data Center Storage Market report also offers recent developments and latest contracts awarded in the Data Center Storage industry across different regions. Data Center Storage Market expected to…

  • Mellanox Fiscal 2Q18 Financial Results

    (in $ million) 2Q17 2Q18 6 mo. 17 6 mo. 18 Revenue 212.0 268.5 400.6 519.5 Growth 27% 30% Net income (loss) (8.0) 16.5 (20.2) 54.4 Mellanox Technologies, Ltd. announced financial results for its second quarter 2018 ended June 30, 2018. “Mellanox has achieved another record financial performance in the second quarter 2018. Our strong revenue growth reflects years of investment in 25Gb/s and above Ethernet and IB technologies. Our record profitability demonstrates the leverage we are producing in the…

  • Cohesity Raises $250 Million, Highest Round Since 2015 Among Storage Start-Ups

    Cohesity, Inc. raised $250 million in an oversubscribed Series D funding round led by the SoftBank Vision Fund with strong participation from strategic investors Cisco Investments, Hewlett Packard Enterprise, and Morgan Stanley Expansion Capital, along with early investor Sequoia Capital and others. The investment is a testament to Cohesity’s leadership in transforming data center and cloud operations with web-scale simplicity for secondary data. This round brings total equity raised to $410 million, outpacing all other series D enterprise software investments…

  • Igneous Systems Announces Two Executive Hires

    Allison Armstrong joins Igneous as VP, Marketing and Anna Mowry joins as VP, Finance and Operations as company enters next phase of growth SEATTLE, WA – Igneous Systems, which designed the industry’s first secondary storage for massive file systems, today announced recent additions to its executive team in the wake of its January Series-B venture capital financing round.  Anna Mowry was named Vice President of Finance and Operations, and Allison Armstrong was named Vice President of Marketing. “Our early successes…

  • Cost-savings theme pervades IBM storage news

    A flurry of storage announcements from IBM share a common theme: Helping customers achieve greater efficiency and wring cost savings from their multitier, multi-cloud storage environments. Anchoring the news is IBM Storage Insights, a new AI and cloud-based storage management platform that’s designed to give users a fast view of storage capacity and performance, as well as make tiering recommendations to help cut storage costs. A single dashboard shows the status of block storage and captures trend information. “Imagine you…

  • IBM Storage Makes Its Voice Heard

    IBM Corporation has been ubiquitous in the data center for so long that it is easy to take it for granted. This is especially true of IBM Storage, who has struggled in the past with both execution and portfolio agility. Two years ago, IBM brought fresh leadership in to run its storage unit. Ed Walsh manages the storage business, and he has had a tremendous impact on the execution of that unit. Eric Herzog joined just before Walsh, leading IBM’s…

  • Increasing Data to Surge Demand for Cloud and Internet of Things (IoT) Storage Technologies Market Globally – The Edition Truth

    A new research report, titled “Cloud and Internet of Things (IoT) Storage Technologies: Global Market Through 2022,” has been recently added by ResearchMoz.us to its compressive collection of research reports. An in-depth study of the Internet of Things and Cloud storage technologies global market has been discussed in the scope of the report, highlighting the growth prospects and trends. The rising number of applications of Internet of Things and cloud storage technologies is considered as one of the major drivers…

  • Seagate: Fiscal 3Q18 Financial Results

    (in $ million) 3Q17 3Q18 9 mo. 17 9 mo. 18 Revenue 2,674 2,803 8,365 8,349 Growth 5% -0% Net income (loss) 194 381 658 721 Seagate Technology plc reported financial results for the quarter ended March 30, 2018. For the third quarter, the company reported revenue of $2.8 billion, gross margin of 30.2%, net income of $381 million and diluted earnings per share of $1.31. On a non-GAAP basis, which excludes the net impact of certain items, Seagate reported…

  • NAND Flash Prices to Decline

    The NAND flash market has witnessed a slight oversupply in 1Q18. The growth momentum remains weak in 2Q18 although the demand increases, according to DRAMeXchange, a division of TrendForce. It is expected that the slight oversupply in NAND flash market will remain and the prices will continue to decline. In the 2H18, the overall demand will increase due to the peak season. Demand in channel markets will also recover because of the lower prices. The growths in average NAND flash content per box for…

  • How are Cloud Storage, Cloud Backup, and Cloud Sync Different

    You hear the words tossed around all the time – Cloud storage, Cloud backup, Cloud sync. What are they? Are they different and do you need one? Cloud storage means an offsite server owned by a hosting company where you store your data. If you’ve had a personal computer crash, and you lost all your data, you understand how frustrating it is. Cloud storage makes it possible for you to recover your files even if your computer has breathed its…

  • SoftBank is in talks to invest in data storage company Cohesity

    SoftBank’s Vision Fund is in late talks to fund a hot data-storage company, Cohesity, in a deal that would value the company at about $1 billion. Investors would place at least $150 million into the company, people familiar with the matter say, in what would be the latest romp on a deal spree by the massive technology investing firm. The Vision Fund-led round is still in the process of closing, the people said, and the numbers could change slightly. Cohesity…

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