Feeds

Fusion-io buys NexGen

Gets hybrid flash/disk array startup

  • alert
  • submit to reddit

Internet Security Threat Report 2014

PCIe flash industry leader Fusion-io has bought a startup: hybrid flash/disk array vendor NexGen, paying $114m in cash and $5m in stock.

NexGen, founded in 2010 by its CEO John Spiers and CTO Kelly Long, uses Fusion-io flash cards in its n5 arrays which are sold to small and medium enterprises. It has total funding, that we know of, amounting to $12 million in A and B rounds. The $119 million acquisition price is a nice payout for the investing VCs.

Of late NexGen has been quiet, compared to competitors Nimble Storage, Tegile and Tintri who have all be saying how well they are doing.

Fusion-io is now a supplier of hybrid flash/disk arrays into the SMB market and can be expected to compete strongly with Nimble, Tegile and Tintri. But this is not all.

Fusion-io states; "The … ioControl management software at the core of the NexGen hybrid storage system transparently shares all storage resources and maintains simultaneous performance targets for multiple applications."

"With the ioControl software, customers can provision, prioritise and maintain predictable performance efficiently and cost effectively. The ioControl software also ensures that customers have a clear upgrade path to all-flash solutions as their data demands continue to grow."

A path to all-flash arrays, which Fusion-io does not - yet - supply but it surely will, and that will give all-flash array competitors a headache. Here's a brief roll-call of the current and intended ones: Dell, EMC, IBM, Greenbytes, HDS, HP, NetApp, Nimbus Data, Pure Storage, Skyera, SolidFire, Violin, Virident and Whiptail.

Fusion-io CEO and chairman David Flynn said; “The hybrid NexGen solution combines memory attached flash and disk on leading server platforms to provide a system tuned to deliver performance, price and capacity. With this acquisition, we will maintain the current NexGen product model as we transition to supporting customers’ preferred server platforms with our OEM partners"

NexGen's John Spiers becomes Fusion-io's SVP and general manager of Nexgen products, and talks about the NexGen platform evolving "into an open, software defined platform at Fusion-io." NexGen’s network of VARs will be added to the global Fusion-io reseller channels. The 50-strong NexGen team of employees join Fusion-io. ®

Internet Security Threat Report 2014

More from The Register

next story
Docker's app containers are coming to Windows Server, says Microsoft
MS chases app deployment speeds already enjoyed by Linux devs
IBM storage revenues sink: 'We are disappointed,' says CEO
Time to put the storage biz up for sale?
'Hmm, why CAN'T I run a water pipe through that rack of media servers?'
Leaving Las Vegas for Armenia kludging and Dubai dune bashing
'Urika': Cray unveils new 1,500-core big data crunching monster
6TB of DRAM, 38TB of SSD flash and 120TB of disk storage
Facebook slurps 'paste sites' for STOLEN passwords, sprinkles on hash and salt
Zuck's ad empire DOESN'T see details in plain text. Phew!
SDI wars: WTF is software defined infrastructure?
This time we play for ALL the marbles
Windows 10: Forget Cloudobile, put Security and Privacy First
But - dammit - It would be insane to say 'don't collect, because NSA'
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.