PMC Sierra has announced that PMC is acquiring Integrated Device Technology’s (IDT) enterprise flash controller business as well as some of their PCIe Switch assets, their IP and 75 of their patents for $100,000,000. The PMC acquisition of IDT was made to propel PMC into the enterprise SSD space with state-of-the-art controllers such as the first NVMe flash controller. PMC also holds that their time-to-market should improve by about two years as a result of this transaction. This is also significant news as IDT said it expects the enterprise SSD space to account for 50% of all SSD sales starting in a few years, which will also further drive controller sales.
IDT has been a significant player in driving PCIe SSD adoption. They were a founding member of the NVM Express Work Group which was formed to standardize the software interface of both enterprise and client SSDs. IDT has continued that work by directing the standard’s evolution.
PMC and IDT’s boards have both approved the deal which is expected to close in Q3 2013.
JetCool has launched an innovative liquid cooling module tailored for NVIDIA's H100 SXM and PCIe GPUs, claiming a significant advancement…
iXsystems has launched the TrueNAS Enterprise H-Series platforms, designed to give organizations ultimate performance. The H10 model is now available,…
Hannover Messe 2024 represents a significant event in the global industrial sector, serving as the world's largest industrial trade fair.…
The IBM Storage Assurance program offers access to the latest FlashSystem hardware and software, supporting investment protection from day one.…
Proxmox Backup Server 3.2 has been released - open-source solution designed for backup of VMs, containers, and physical hosts. (more…)
IBM has unveiled the FlashSystem 5300, setting a new standard for entry-level all-flash storage systems by providing impressive performance, high…