To me it looks like EMC is trying to replicate FIO one acquisition at a time. Wouldn't it have made more sense to buy one company that has all of it integrated under one roof already? Which we all know is FIO. They have the system with ID7 and Nextgen. They have virtualization with VSL and IO Turbine. They have server flash with IO Drives and IO FX. They have management software with IO Sphere and a software development kit to connect all of it together with third party solutions. FIO even has a much lower market cap these days. FIO is everything EMC is looking for so why waste time putting it together piece meal?
Isn't it at least possible the EMC knows more about this than you do. There have been 5 buyouts in this technology in the past year but here sits FIO alone with its market price cut in half, and its founding officers long gone. What part of that don't you understand ? Oh it might get bought, but it will be like STEC....at around $5/sh. Such is the life of a DISENFRANCHISED and DISCOMBOBULATED company.
Okay so remove opinion and give me technical reasons why this is the case and I will believe you. Otherwise you just sound like another short pushing fear over facts. And EMC doesn't know more than FIO, which is why I asked the question. I assume the founders got in the way of any sale and they're no longer at the company because of it.
Yeah but FIO is hardware and software. They have IO Turbine, Nextgen, VSL, IO Sphere, IO N, and whatever else. So IO Drives are just one part of what they sell. Otherwise they would feel the competitive pressures from other hardware vendors. Along with that the other hardware vendors wouldn't be trying to add software in order to compete.