HGST To Acquire Skyera
Western Digital's HGST has completed an all-cash acquisition of Skyera, a developer of solid-state storage systems for scale-out cloud and enterprise data centers.
Skyera will be fully integrated into HGST, a wholly owned subsidiary of Western Digital. Skyera will augment HGST's existing solid-state storage capabilities and portfolio, and allow HGST to capture new and opportunities in data center storage infrastructure. The acquisition brings engineering talent and intellectual propertyto HGST.
"Western Digital and Skyera have had a long-term strategic partnership. By combining Skyera's innovative flash platform with HGST's leading solid-state storage solutions and flash virtualization software we plan to provide breakthrough value and capabilities to help customers transform their cloud and enterprise data center infrastructure," said Mike Cordano, president of HGST. "Flash solutions represent a large, exciting growth area for HGST and uniquely complement our existing portfolio."
Terms of the transaction were not disclosed.
"Western Digital and Skyera have had a long-term strategic partnership. By combining Skyera's innovative flash platform with HGST's leading solid-state storage solutions and flash virtualization software we plan to provide breakthrough value and capabilities to help customers transform their cloud and enterprise data center infrastructure," said Mike Cordano, president of HGST. "Flash solutions represent a large, exciting growth area for HGST and uniquely complement our existing portfolio."
Terms of the transaction were not disclosed.