EMC Acquires XtremIO

EMC Corporation has acquired privately held XtremIO Ltd.

Regarded as one of the world’s premier flash storage architecture pioneers, Herzliya, Israel-based XtremIO provides an added dimension as EMC continues to enhance and broaden its flash storage portfolio.

The all-cash transaction is not expected to have a material impact to EMC GAAP or non-GAAP EPS for the full 2012 fiscal year.

XtremIO’s all-flash, scale-out, enterprise storage architecture was designed to leverage the speed and abilities of flash memory. The addition of XtremIO extends EMC’s lead in developing and delivering networked storage infrastructures that are dynamically optimized for performance, intelligence, and protection for both physical and virtualized cloud environments.

The addition of XtremIO complements the range of EMC flash-based systems and software stemming from EMC’s entry into the flash storage market in 2008 when it integrates flash drives into enterprise storage arrays. In 2011, EMC shipped to customers over 24 PBs of flash drive capacity.

Flash drives in the EMC VMAX , VMAXe , VNX, VNXe and Isilon storage arrays now enable customers to achieve an order of magnitude better performance than 15K HDDs  for those applications and data sets requiring the additional performance.

Placing Flash technology in the server on a PCIe card, as by EMC VFCache, can accelerate performance up to another order of magnitude than 15K HDDs.

EMC has also announced Project Thunder, optimized for high-frequency, low-latency read/write workloads. It will build upon the PCIe technology delivered in VFCache to leverage the power of flash through a dedicated server networked flash-based appliance. EMC FAST (Fully Automated Storage Tiering) software  enables customers to automatically move high-performance – or hot – data to enterprise flash drives to improve application and storage system performance, and automatically move less-active data to SAS/FC and NL-SAS/ SATA storage tiers to reduce costs.

Pat Gelsinger, president and COO, EMC Information Infrastructure Products, said: "XtremIO brings to EMC amazing technology with a fantastic team that’s captured praise from early-view customers and many of the industry’s foremost thinkers. We fully expect XtremIO technology, once introduced to market, to have a tremendous impact on our customer’s ability to leverage the unique advantages of all-flash storage across many of their most demanding applications."   

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EMC Close to Buying XtremIO, in Enterprise SSD-Based Systems
For $400 to $450 million