News
EMC To Acquire DSSD
May 2014 by Emmanuelle Lamandé
EMC Corporation announced it has entered into a definitive agreement to acquire privately-held DSSD, Inc. Menlo Park-based DSSD is the developer of an innovative new rack-scale flash storage architecture for I/O-intensive in-memory databases and Big Data workloads like SAP HANA and Hadoop. The transaction is expected to close in the second quarter of 2014, subject to customary closing conditions. Financial terms were not disclosed. The transaction is not expected to have a material impact to EMC GAAP or non-GAAP EPS for the full 2014 fiscal year.
Menlo Park-based DSSD will operate as a standalone unit within EMC’s Emerging Technology Products Division reporting to Chirantan “C.J.” Desai. DSSD President and CEO Bill Moore, formerly Sun Microsystems’ Chief Storage Engineer, ZFS co-lead and 3Par’s first employee, will lead the DSSD business within EMC. Andy Bechtolsheim, who is also Chairman and Chief Development Officer of Arista Networks, and formerly a co-founder of Sun Microsystems, will serve as DSSD’s strategic advisor.
Products based on the new DSSD rack-scale flash storage architecture are expected to be available in 2015 and will be optimized for:
– In-memory databases (e.g. SAP HANA, GemFire, etc.)
– Real-time analytics (e.g. risk management, fraud detection, high-frequency applications, Pivotal HD, etc.)
– High-performance applications used by research and government agencies (e.g. genomics, facial recognition, climate analysis, etc.)
DSSD will complement EMC’s flash-based systems and software portfolio which began with EMC’s early entry into flash storage in 2008 when it became the first to integrate Flash drives into enterprise storage arrays. In the first quarter of 2014 alone, EMC sold more than 17 petabytes of flash capacity, which was up over 70% over the first quarter of 2013. After less than two months of general availability in the fourth quarter of 2013, EMC® XtremIO® catapulted to a market-leading position, comfortably surpassing every other all-flash array. More than 70% of all EMC VMAX® and EMC VNX2 systems now ship with flash capacity. With this portfolio of offerings to accommodate the variety of applications for flash, including EMC’s fully-automated flash tiering software, EMC stands as an industry leader in enterprise flash storage.
