Virident Systems is acquired by Western Digital Corp for $ 685 Million

Editor - CoolAvenues | September 13,2013 02:11 pm IST

Virident Sysytems co-founded by Kumar Ganapathy and Vijay karancheti have announced a definative merger agreement with HGST, a wholly owned subsidiary of Western Digital Corp for $ 685 Million in cash.

 

Virident, founded in 2006 provides solutions to enable enterprises to solve the challenge of poor application performance with flash storage solutions that speed application performance, ensure predictable performance under various workloads and is compatible with all servers.

Virident solutions enable enterprises to tackle performance-intensive datacenter applications with PCIe-based enterprise flash storage solutions for virtualization, database, cloud computing, and webscale applications.

 

Virident’s FlashMAX™ II can be installed in any server and provides the highest capacity in a single low-profile card, enabling organizations to maximize the use of valuable datacenter space, reduce datacenter sprawl and provide uncompromising performance. In addition, the company’s FlashMAX Connect™ is the industry’s first software suite to deliver a shared server-side flash storage tier with enterprise-class reliability.

 

Virident was funded by Cisco, Intel Capital, Sequoia Capital, Globespan Capital Partners, and Artiman Ventures.

 

Kumar Ganapathy had previously co-founded VxTel Inc, a semiconductor company that was acquired by Intel Corporation for $ 550 Million in February 2001.

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 Editor @ CoolAvenues.com...