LAS VEGAS: The EMC Corporation has acquired the privately-held DSSD Inc for an undisclosed sum. DSSD is a Silicon Valley startup developing technology for pooling server-based flash for high-performance data access. The transaction is expected to close in the second quarter of this year, the company announced.
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. While flash stands among IT’s most disruptive technologies, its impact and opportunity will become even more pronounced as customers enter the 3rd Platform of IT.”
The Menlo Park-based DSSD will operate as a standalone unit within EMC’s Emerging Technology Products Division. As customers take advantage of the mega trends of social, mobile, cloud and Big Data, it will become critical to store and analyse the vast amounts of data that do not fit into main memory, the company said.
The DSSD deal is expected to complement EMC’s flash-based systems and software portfolio which began with EMC’s early entry into flash storage in 2008 when it became the first to integrate Flash drives into enterprise storage arrays.
In the first quarter of this year alone, the EMC sold more than 17 petabytes of flash capacity, which was up over 70 percent over the first quarter of 2013. After less than two months of general availability in the fourth quarter of 2013, EMC® XtremIO® catapulted to a market-leading position, the company said.
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, it added.
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