Western Digital Completes Acquisition of Virident
Western Digital has completed the acquisition of Virident Systems, Inc., a provider of server-side flash storage for virtualization, database, cloud computing, and webscale applications.
Virident will be integrated into HGST, a wholly-owned subsidiary of Western Digital.
The Virident acquisition follows HGSTs recent purchase of sTec, an developer of enterprise solid-state drives (SSDs) and VeloBit, an I/O optimization software company. These investments expand HGSTs presence in the rapidly growing and strategic enterprise SSD space, which IDC predicts will grow from $2.5B in revenue in 2012 to $7.2B in revenue by 20171.
Virident CEO Mike Gustafson is joining HGST as a senior vice president leading the Virident team.
The Virident acquisition follows HGSTs recent purchase of sTec, an developer of enterprise solid-state drives (SSDs) and VeloBit, an I/O optimization software company. These investments expand HGSTs presence in the rapidly growing and strategic enterprise SSD space, which IDC predicts will grow from $2.5B in revenue in 2012 to $7.2B in revenue by 20171.
Virident CEO Mike Gustafson is joining HGST as a senior vice president leading the Virident team.
