A week later than some people predicted, the news has broken. NetApp has bought SolidFire for $870M. This continues the trend for established storage companies to acquire start-ups with great flash products rather than building their own. SolidFire initially targeted the service provider market with its scale-out all-flash array. In the last year or so, SolidFire has taken aim at enterprise data centers as well. In both of these markets, NetApp is well established as a vendor of disk-based storage arrays. However, it has been losing market share due fundamentally to a lack of a modern solid-state product. The FlashRay product that NetApp developed has failed, leaving NetApp no option but to acquire.
Articles Tagged with Cisco
Wall Street has had a massive few days covering the Dell/EMC news. From a financial standpoint, any company that pays $67 billion to acquire another company is certainly major news, but from a technical standpoint, what exactly does this mean for the virtualization industry?
Yesterday I was reading about Cisco’s fourth quarter earnings results, as you do when you are bored and waiting for the next episode of EastEnders to start—well, we all have to take a rest from SDN goodness every now and then. Now, this was interesting for two reasons. It was the last quarter under the leadership of big bad John Chambers and the first announced by new head honcho Chuck Robbins (sounds like a cross between a cage fighter and a liberal comedian). Firstly, congratulations are in order on the results—Cisco exceeded analysts’ predictions of $12.6 billion in revenue, with $12.8 billion and a per-share profit of 59 cents, up almost 4% over the previous year, and an overall year-over-year increase of 4%.
Cloud computing is starting to come of age. It has fundamentally altered the IT landscape, dramatically boosting IT agility while lowering costs. What started out as a side project for companies like VMware has led to the proliferation of cloud providers and stacks from IaaS providers based on OpenStack, PaaS providers like Cloud Foundry, and SaaS providers like Dropbox and Salesforce.
There has been a rumor flying around the twitterverse and other social media outlets that Cisco is about to announce that it is buying Nutanix. This rumor started circulating when a report from a Portland-based equity research firm was released, opining that as a last post, John Chambers was going to buy Nutanix. Now, as good a story as this is, it is a story, as the analyst quotes no sources. He is, however, quite bullish about the possibility and argues confidently that an announcement will be made as soon as the .NEXT Conference in June.