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Slide #46. Fusion-io — ID7
Acquirer:
Fusion-io (FIO)
Acquiree:
ID7
Details:
Fusion-io (NYSE: FIO) today announced that it has acquired ID7, a pioneer in software defined storage (SDS) and an open-source leader in shared storage systems, as well as the developers and key contributors of SCST, a Linux storage software subsystem utilized by many storage vendors throughout the world. ID7 has been collaborating with Fusion-io on software development for the ION Data Accelerator software that transforms industry standard servers into shared storage appliances.
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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