Samsung Acquired the Storage Software firm, NVELO
15 December, 2012
NVELO developed the Cache-software, Dataplex, to help PC OEMs and SSD vendors to deliver SSD-level performance from HDD-based systems
Samsung Electronics acquired the privately held NVELO, a Santa Clara, Calif.-based pioneer of storage software.
The company developed a spftware that intelligently manage and optimiz the use of SSDs in the storage subsystem. The integration of NVELO’s storage technology into Samsung’s SSD technologies will enhance Samsung’s NAND storage solutions for a broad range of computing platforms.
“The acquisition will enable us to enable us to extend our ability to provide SSD related storage solutions to customers,” said Young-Hyun Jun, executive vice president of Flash product & technology, Device Solutions, Samsung Electronics.
NVELO was formed as a spin-off from Denali Software, during the acquisition of Denali by Cadence Design Systems in June 2010. Further details of the agreement were not disclosed. The acquisition involves all NVELO’s technology and personnel.
The company developed the Cache-software, Dataplex, to help PC OEMs and SSD vendors to deliver SSD-level performance from HDD-based systems. The solution is using a low-capacity SSD as a high-performance “cache” for existing HDD. Intelligent caching algorithms continuously monitor the way the data is used in the computer, and automatically keeps “hot” data ready on the SSD for optimal performance.
Samsung Electronics is a global player in semiconductor, telecommunication, digital media and digital convergence technologies. It Employs approximately 227,000 people in 203 offices across 75 countries. Annual 2011 sales totaled US$143.1 billion.
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