Fusion's news re giving up the board is a major commitment to Open source. They made a big splash at the conference two weeks ago and are WAY out in front of Virident with Seagate's deal being their attempt to find relevance in the server side storage world FIO has forged.
Put the last paragraph below in a search engine to get the video on Scale at the conference.Love the part about battle tested with hyperscal clients (AAPL and FB) and more coming for every data center on whatever servers they like to use. Again, FIO's software has the flexibility no one else does.
Also good to note they hired 30 + engineers last quarter and are still looking for another 30 or so engineers to fill out their R&D geek and sales teams. This has all contributed to the "lumipness"
and disruption going on for a couple months for FIO, but the future is brighter than ever for them, even if the confort of remaining independent is now more challenged. We'll take the lift of an auction followed by a tax free reorg to CSCO, emc, orcl or the like shares. Meanwhile, our buy side trader was busy on this week, taking our basis down below $18 now. The rest of the carry is up to Blackrock, Cap Research and Vanguard now. LOL
Published on Jan 22, 2013
Gary Orenstein, SVP Products, Fusion-io, speaks with Data Center Knowledge editor Rich Miller at the Open Compute Summit last week in Santa Clara. Orenstein shows the company's new Fusion ioScale product, which is purpose-built ioMemory now being used in the world's largest data centers. The flash memory maximizes server transactional processing with up to 3.2TB of ultra-low latency ioMemory per PCI Express slot, allowing web scale and cloud environments to scale performance without the infrastructure costs, complexity and failure points of SSD and hard disk arrays.