Western Digital to Acquire Tegile System
Western Digital has agreed to acquire Tegile Systems, a provider of flash and persistent-memory storage solutions for enterprise data center applications.
Financial terms of the transaction were not disclosed. The acquisition is expected to close the week of Sept. 4, 2017, upon satisfaction of certain closing conditions as set forth in the definitive agreement between the parties.
Tegile has been at the forefront of the flash storage revolution since 2012. With its IntelliFlash architecture, Tegile has pioneered a comprehensive storage platform that delivers storage at the speed of flash memory. Tegile will bring to Western Digital over 1,700 new customers, a new product portfolio, and an experienced team.