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Slide #45. Fusion-io, Inc. — NexGen Storage
Fusion-io, Inc. (FIO)
Fusion-io, Inc. (NYSE: FIO) today announced that it acquired Colorado-based NexGen Storage. NexGen is a leading developer of hybrid storage appliances based on Fusion ioMemory for small to medium enterprises (SMEs). By using software in combination with ioMemory and standard disk drives, NexGen transforms industry-leading x86 server platforms into hybrid storage systems that provide the performance of an all-flash array at a fraction of the cost.
Fusion-io provides solutions for enterprises, hyperscale datacenters, and small to medium enterprises, that accelerates databases, virtualization, applications, cloud computing, big data, and information systems. Co.'s integrated hardware and software platforms and solutions enable the acceleration of data and applications in legacy, open, and proprietary architectures. Co.'s technology utilizes flash memory to increase datacenter and computer-based information system capability. Co.'s portfolio of storage memory products packages ioMemory hardware combined with its virtual storage layer software into a family of products suitable for direct, shared, and cached acceleration environments.
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Hold (2.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
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