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.
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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 did not …
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 …
