yet another acquisition in the server storage space
EMC Corporation has signed an agreement to acquire privately-held ScaleIO, a pioneer in scalable server-based storage software.
ScaleIO accelerates EMC's strategy to deliver Flash across the entire server and storage infrastructure.
The all-cash transaction is not expected to have a material impact to EMC GAAP or non-GAAP EPS for the full 2013 fiscal year.
Additional details from EMC and ScaleIO management are located on the EMC Pulse News Blog.
The FIO strategy is solid already. What this is doing is consolidating key players in the enterprise flash market. The question is where will FIO ends up when all the dust settles. I suspect OCZ and Virident are next. Depending on who buys those two companies should give us an idea where FIO is headed.