IBM misses estimates, but sees potential in new ‘growth initiatives’

Computer maker IBM missed its estimates in the first quarter of 2013 with hardware sales slowing down. But the company sees a substantial future in flash storage.

Skyera hooks $51.6M from Dell Ventures to bring affordable SSDs to the enterprise

Enterprise solid-state drive maker Skyera has raised $51.6 million in its second round of funding, with hopes that it can make a dent in a crowded flash storage field.

Storage heavyweights launch PernixData to ‘continue where VMware left off’

PernixData provides software to virtualize server-side flash memory. The first product will be launched in the next three months, and is aimed at large enterprises that use virtualization in their data center.

Seagate dumps $40M into Flash-storage startup Virident

Seagate will immediately start selling a complete line of Flash-based technologies to its other partners (including OEMs), and Virident will be using Seagate's ample marketing and distribution channels.

SolidFire moves into GA, promises its SSDs will greatly speed up cloud services

SolidFire, a promising solid-state storage maker for cloud services, has finally launched into general availability and announced its first customers after a year of relatively low-profile activity.

Flash storage startup Virident Systems pulls in $26M, brings on a new CEO

Venture capitalists are clambering to fund flash storage startups, the new wave of technologies that are disrupting the traditional data center. The latest announcement comes from Virident Systems, a Milpitas, California-based company which had no trouble raising $26 million dollars in fourth round funding led by Mitsui Global Investors.

8 major disappointments from Apple’s iPhone 5 Announcement

Happy about the new iPhone 5? You should be ... or maybe you shouldn't, because the announcements made today weren't everything that we'd hoped for. In fact, some are startlingly painful. Here are eight that almost make today feel like a bad day

Apple reportedly eyeing flash memory company Anobit for $400-$500M

Showing the increasing importance of flash memory these days, Apple is said to be interested in purchasing Anobit, an Israeli company that makes specialized technology for flash memory, for somewhere between $400 million and $500 million.

If the report is …