EMC to acquire flash specialist DSSD
Rack-scale flash storage specialist DSSD to become part of EMC
EMC has announced that it intends to acquire rack-scale flash storage specialist DSSD.
DSSD has developed a rack-scale flash storage architecture, which is designed to handle I/O-intensive in-memory databases and Big Data workloads like SAP HANA and Hadoop. The DSSD architecture complements EMC's flash storage portfolio and is designed to deliver game-changing performance for next-generation applications such as SAP HANA and Hadoop
DSSD will operate as a standalone unit within EMC's Emerging Technology Products Division, with DSSD president and CEO Bill Moore leading the business. DSSD Chairman Andy Bechtolsheim to will act as a strategic advisor to the business.
Andy Bechtolsheim said: "The prospects of what EMC and DSSD can achieve together are truly remarkable. We ventured out to create a new storage tier for transactional and Big Data applications that have the highest performance I/O requirements. Working together with EMC, DSSD will deliver a new type of storage system with game-changing latency, IOPS and bandwidth characteristics while offering the operational efficiency of shared storage."
David Goulden, CEO of EMC Information Infrastructure, said: "EMC established a relationship with DSSD more than a year ago. EMC led the Series A investment in DSSD and has remained an active development partner. We're now thrilled to be joining forces with Andy, Bill and the entire DSSD team. While flash stands among IT's most disruptive technologies, its impact and opportunity will become even more pronounced as customers enter the Third Platform of IT. Complementary to our market-leading all-flash and hybrid storage portfolio, DSSD will unlock an abundance of new possibilities for customers as they build out their infrastructures to support the emerging tier of next-generation in-memory and Big Data workloads."
Financial details of the deal, which is due to close by the end of Q2 2014, were not disclosed.