Samsung invests in Fusion-io

Investment deal

Samsung today announced that it is investing in solid state storage company Fusion-io.

The undisclosed cash injection will see Fusion-io working closely with Samsung a big player in the NAND flash market on evaluating technology for new applications of solid state disk (SSD).

"We continue to be impressed with the technology Fusion-io is creating and are now taking our relationship with them to a new level," said Jim Elliott, vice president of memory marketing at Samsung, in a statement.

Fusion-io has made quite a splash in the SSD pool since the company launched its first product the ioDrive in late 2007. Since then, quarter over quarter sales have doubled.

The company made its move into the UK back in May this year, partnering with Diamond Point to launch its ioDrive and ioDrive Duo storage architectures.

Jennifer Scott

Jennifer Scott is a former freelance journalist and currently political reporter for Sky News. She has a varied writing history, having started her career at Dennis Publishing, working in various roles across its business technology titles, including ITPro. Jennifer has specialised in a number of areas over the years and has produced a wealth of content for ITPro, focusing largely on data storage, networking, cloud computing, and telecommunications.

Most recently Jennifer has turned her skills to the political sphere and broadcast journalism, where she has worked for the BBC as a political reporter, before moving to Sky News.