From PC World: NetApp is acquiring startup SolidFire for US$870 million cash for a foothold in the fast-growing market for scale-out flash storage.
SolidFire's all-flash systems will let enterprises take advantage of the scale and cost advantages enjoyed by Web-scale companies with distributed data-center architectures, NetApp said. SolidFire, based in Boulder, Colorado, makes all-flash systems that can scale out to as much as 1.9 petabytes of capacity.
The deal is expected to close during NetApp's fiscal fourth quarter, ending in April. The startup's CEO, Dave Wright, will lead the SolidFire product team. SolidFire's products ultimately will be integrated into NetApp's data fabric strategy, allowing for data management across flash, disk and cloud, the company said.
Like other enterprise storage companies, NetApp has been under fire from cloud services and from software-defined systems based on generic hardware. SolidFire is one of several hot young companies focused on this kind of technology, and other enterprise vendors including Cisco Systems reportedly had considered acquiring the company.
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