GE is taking a 10 percent stake and investing $105 million in Pivotal, the spin-out from EMC and VMware. GE will work with Pivotal on research and development with the aim of helping customers develop data analytics offerings. GE says its investment aligns with its focus on the “Industrial Internet.” The move shows GE’s investments in developing its own software prowess. GE and… → Read More
IBM plans to invest $1 billion in research to design, create and integrate Flash into its servers, storage systems and middleware, a reflection of the changing requirements needed for companies to manage massive amounts of data. As part of the news, IBM also announced a new line of Flash appliances. These storage appliances are based on technology acquired from Texas Memory Systems. IBM says… → Read More
Last week, Spanning, a Google Apps backup service, announced a $6 million investment from an unnamed strategic investor. → Read More
PernixData today launched its Flash Virtualization Platform (FVP) for clustering flash to get higher levels of performance. It’s similar to how VMware aggregates CPU and memory to give customers more for its server infrastructure. → Read More
The enterprise — I get a sideways glance when I tell people it’s what I cover. People want to know why I find it so compelling. They ask because truly they have no goddamn clue what the hell the enterprise is in the first place. → Read More
According to multiple sources, Cisco has taken a secretive role as the “Unnamed Silicon Valley Titan” in a $31 million round for WhipTail, a flash storage company that also took investment from SanDisk and others.
The Series C round of funding included investment from Ignition Partners, RRE Ventures and Spring Mountain Capital. Silicon Valley Bank provided debt financing. SanDisk’s investment… → Read More
It’s official, after weeks of a rumored change, EMC and VMware have announced this morning the “Pivotal Initiative,” a cloud and big data play that will be led by Chief Strategy Officer Paul Maritz.
VMware’s Cloud Foundry, SpringSource and Gemstone will join EMC’s Greenplum and Pivotal Labs groups to form one “virtual organization,” with 1,400 employees. → Read More
ScaleIO has raised $12 million in a Series A round from Norwest Venture Partners (NVP), Greylock Partners, and private investors for its software defined storage technology.
ScaleIO is one of a new breed of storage providers that use software to scale across thousands of servers. → Read More
Paul Maritz will lead a new platform group that will combine VMware’s Cloud Foundry, SpringSource and Gemstone with Greenplum, EMC’s big data platform. → Read More
Gridstore has raised $12.5 million in Series A funding for its scale-out storage offering. The round was led by GGV Capital with participation from Onset Ventures and existing investors. The investment brings the company’s total venture funding to $15 million. → Read More
Nutanix has raised $33 million in a Series C funding round. The investment comes from investors Lightspeed Venture Partners and Khosla Ventures along with new investors Battery Ventures and Goldman Sachs.
The round gives Nutanix a total of $71 million in funding and positions the company for a potential IPO. → Read More
IBM’s acquisition today of Texas Memory Systems (TMS) is more proof that customer data demands will fuel a new wave of flash technologies to replace the hard drive systems that have dominated the market for the past 30 years.
The acquisition points to a number of shifts in the flash market. Alliances are changing, private companies face threats from publicly traded companies and the giants… → Read More
I need to lighten things up a bit with all this Oracle brouhaha.
Oracle acquired Xsigo recently. I wrote about the acquisition and how Oracle will lose as IT gets virtualized. Oracle’s Bob Evans came back with his own special brand of attack. Yesterday I responded with my post: Open? Yeah, Sure. Sorry Oracle, You’re Still Full Of It. → Read More
As expected, EMC shuffled the deck today. It named COO Pat Gelsinger as the new VMware CEO, replacing Paul Maritz who has moved into a new role as EMC’s chief strategist.
Yesterday I reported that Maritz was out as VMware’s CEO and was being considered as a replacement for EMC CEO Joe Tucci, who is expected to retire by the end of next year. We also reported Maritz is a candidate to lead Cloud… → Read More
A shining light appeared in Intel’s otherwise mediocre second quarter earnings results today. Data center revenues were up 15.1%, beating all other categories.
The news reflects the changing IT landscape. Companies are looking to get more out of their data centers in an effort to optimize what they already have. Servers are getting abstracted so technology vendors are looking to differentiate. → Read More
Paul Maritz is out as the CEO of VMware and will be replaced by EMC COO Pat Gelsinger.
Maritz spent four years at VMware. It’s uncertain what he will do but rumors have swirled all day about about his departure. → Read More
Following its $2.25 billion acquisition of Isilon, infrastructure giant EMC is making another purchase today— network security software company NetWitness. EMC’s acquisition of NetWitness closed on April 1, 2011 (clearly neither company wanted to make the announcement on April Fool’s Day) and NetWitness will operate as a part of RSA, the security division of EMC. Financial terms of the deal… → Read More
Enterprise software giant EMC has acquired data warehousing company Greenplum Software. Terms of the deal were not disclosed but the acquisition is an all-cash transaction.
Greenplum, which has raised $61 million in funding, develops database software for business intelligence and data warehousing applications. Greenplum has a number of high profile investors, including Sun Microsystems and SAP… → Read More
Yes, it’s quite a mouthful. Iomega, a company owned by EMC that provides network storage for small and medium businesses, today announced the launch of their StorCenter ix12-300r Network Storage Array. The device ships with 4TB of storage but can be expanded to up to 24TB after filling up its 12 drive bays. → Read More
Software giant EMC starting the New Year with another acquisition. EMC is acquiring Archer Technologies, a company that develops governance, risk and compliance software. The terms of the deal were not disclosed. The acquisition is expected to close in the first quarter of 2010.
Archer Techonologies’ software will be folded into EMC’s Security Division. The company has six million licensed users… → Read More
Looks like software giant EMC has acquired SourceLabs, provider of a set of tools and services used to support open source software like Linux, at least according to TechFlash.
The company sells subscriptions for enterprise support, maintenance, and upgrades for open source software, including SASH, offers a proprietary Open Source Management System and is also behind the wiki website SWiK, a… → Read More
EMC Corporation is announcing the creation of a new subsidiary this morning called Decho (for Your Digital Echo), which has been formed from the assets of two acquisitions: Mozy (acquired in September 2007) and PI Corporation (acquired in February 2008).
The new company is focused on protecting and managing personal digital data. It will continue to offer Mozy’s personal backup product and will… → Read More
The EMC (“easy mobil calling,” which isn’t a typo on my part) concept cellphone aims to make life easier for the elderly. With only four face buttons, each corresponding to a separate phone number, it simplifies the arduous task of remembering, well, four different phone numbers. Granted, all cellphones have an address book, so you’re not really required to know anyone… → Read More
Storage giant EMC is buying Iomega for $213 million in cash, a slight premium above its $200 million market cap at the close of trading today. Iomega, which makes portable hard drives and Zip drives, will become the core of EMC’s consumer and small business storage device business. During the 1990s, Iomega was one of the original tech momentum stocks, trading as high as $114. Today, it… → Read More
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