It appears you have not yet registered with our community. To register please click here...

Go Back [M] > Madshrimps > WebNews
Western Digital Completes Acquisition Of sTec, Inc. Western Digital Completes Acquisition Of sTec, Inc.
FAQ Members List Calendar Search Today's Posts Mark Forums Read

Western Digital Completes Acquisition Of sTec, Inc.
Thread Tools
Old 13th September 2013, 09:28   #1
[M] Reviewer
Stefan Mileschin's Avatar
Join Date: May 2010
Location: Romania
Posts: 129,901
Stefan Mileschin Freshly Registered
Default Western Digital Completes Acquisition Of sTec, Inc.

Western Digital Corp. announced today that it has completed the acquisition of sTec, Inc., an early innovator in enterprise solid-state drives (SSDs). sTec will be integrated into HGST, a wholly owned subsidiary of Western Digital. The acquisition augments HGST's existing solid-state storage capabilities, accelerating its ability to expand its participation in the rapidly growing area of enterprise SSDs.

Completion of the sTec acquisition follows HGST's recent purchase of VeloBit, an advanced SSD caching software company, and the proposed acquisition of Virident, an innovative provider of server-side flash storage solutions. Collectively these building blocks expand HGST's presence in the enterprise SSD space, which IDC predicts will grow from $2.5B in revenue in 2012 to $7B in revenue by 2017.
Stefan Mileschin is offline   Reply With Quote

Similar Threads
Thread Thread Starter Forum Replies Last Post
Western Digital Expands Enterprise Flash Storage Portfolio Virident Acquisition Stefan Mileschin WebNews 0 10th September 2013 09:16
Western Digital Acquires STEC Stefan Mileschin WebNews 0 25th June 2013 08:48
IBM Completes Acquisition of Texas Memory Systems Stefan Mileschin WebNews 0 2nd October 2012 08:34
Facebook completes acquisition of Instagram, eyes improved mobile experience Stefan Mileschin WebNews 0 7th September 2012 08:26
Seagate Completes Acquisition of a Controlling Interest in LaCie Stefan Mileschin WebNews 0 6th August 2012 09:13
Dell Completes Acquisition of Cloud Client Computing Leader Wyse Technology Stefan Mileschin WebNews 0 28th May 2012 08:09
AMD Completes Acquisition of SeaMicro Stefan Mileschin WebNews 0 26th March 2012 08:36
Western Digital Completes Acquisition of Hitachi Global Storage Technologies Stefan Mileschin WebNews 0 12th March 2012 08:02
Seagate Completes Acquisition of Samsung's Hard Disk Drive Business Stefan Mileschin WebNews 0 21st December 2011 08:03
Intel Completes McAfee Acquisition jmke WebNews 0 1st March 2011 10:44

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

All times are GMT +1. The time now is 10:18.

Powered by vBulletin® - Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO