EMC 'poised' to gobble flashy upstart Xtremio
NetApp also perusing the menu - report
This possibility first popped up publically in March. Globes' sources say EMC execs, such as CFO David Goulden and VMware's CTO Dr Stephen Herrod, have visited Israel, where EMC has a research centre, and where its VFCache server flash cache product software is produced.
Globes adds that NetApp execs have also been seen in Israel, including its mergers and acquisitions head, implying a bidding war might be talking place.
Xtremio, which makes storage solutions based on solid state technology, has raised some $25m of venture funding in two rounds and is developed a scale-out all-flash array with peer-to-peer nodes aimed at applications such as server and desktop virtualisation, database consolidation, analytics and business intelligence, and high-performance computing.
EMC could use the Xtremio array as a shared front for its hard disk drive VMAX and VNX arrays. An Xtremio white paper can apparently be obtained here (PDF) – but although you'll receive an emailed request acknowledgment immediately, the paper isn't delivered straight away – El Reg storage desk is still waiting for ours. The same thing happens with a 451 analysis report.
Globes suggests a possible acquisition price of $400m to $450m. It would make a nice announcement for EMC World in Las Vegas in May. ®