Guest Post The big news in storage lately is that EMC is acquiring XtremIO. XtremIO is crafting a next-generation storage array, purpose built for 100% solid-state flash memory. EMC is the market leader in the $30 billion global market for disk-based storage. In acquiring a nascent, unabashedly competitive product to its existing mainstay disk-based storage product line, EMC is foreshadowing the impending flash revolution in data center storage. Flash memory has already transformed consumer devices like smartphones, tablets, and ultra-notebooks (think MacBook Air). These devices use a solid state drive, also know as SSD or flash drive, rather than traditional mechanical disk. Presumably, if you have a flash-based device, you don’t miss those quaint whirring and chirping noises that a PC’s hard drive makes, and flash also delivers radically better performance and battery life. What you may not know is that a similar shift is already underway in the data center: Google’s instant search and Facebook’s performance intensive applications are powered by flash rather than hard drives.
Editor's Pick EMC said today it has acquired flash-memory storage company XtremIO, following reports two weeks ago that the deal was in the works. VentureBeat confirmed at the time that the value of the deal is around $400 million.
EMC Corp is in the final stages of buying flash-memory storage company XtremIO for $400 million, a VentureBeat source has confirmed. The deal is the latest sign that the flash storage market is red hot, and it could spur other deals as other big players rush to bolster their own offerings.