Feeds

STEC wins Fujitsu for its SSDs

A relationship for all ETERNUS

Combat fraud and increase customer satisfaction

Fujitsu has chosen STEC as its solid state drive supplier, leaving NetApp the only enterprise storage array supplier not dealing with the SSD vendor.

The company will deploy STEC's ZEUS-IOPS drives in its ETERNUS storage arrays, replacing Fibre Channel hard drives. STEC said it had worked with Fujitsu to tailor a product configuration for it. Fujitsu's SVP for storage systems, Tetsoro Kudo, said in a statement: "STEC's cutting-edge technology on Fujitsu systems renders an exceptional value proposition for the data centre of today and beyond."

After its IBM design win, recent good results, positive outlook, and now this Fujitsu win, STEC is looking well-positioned for growth, and investors know it.

In January its share price was $4.12, its 2009 low point. When results were published on May 11 the price leapt to $10.39, and has risen steeply since then. STEC stock is now trading at $14.08, giving the business a market capitalisation of $682m. Some financial commentators expect its share price to double, which would take its market cap to $1.2bn.

If NetApp declares for STEC as well, that leaves only Pillar as a non-STEC SSD-using storage array vendor, having plumped for Intel. That gives STEC a near-monopoly of storage array SSD supply: a pretty flash performance. ®

Combat fraud and increase customer satisfaction

More from The Register

next story
This time it's 'Personal': new Office 365 sub covers just two devices
Redmond also brings Office into Google's back yard
Kingston DataTraveler MicroDuo: Turn your phone into a 72GB beast
USB-usiness in the front, micro-USB party in the back
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
BOFH: Oh DO tell us what you think. *CLICK*
$%%&amp Oh dear, we've been cut *CLICK* Well hello *CLICK* You're breaking up...
AMD's 'Seattle' 64-bit ARM server chips now sampling, set to launch in late 2014
But they won't appear in SeaMicro Fabric Compute Systems anytime soon
Amazon reveals its Google-killing 'R3' server instances
A mega-memory instance that never forgets
Cisco reps flog Whiptail's Invicta arrays against EMC and Pure
Storage reseller report reveals who's selling what
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.