EMC splashes the cash on XtremIO's flash

published 11 May 2012

EMC has snapped up flash storage specialist XtremIO for $430m (266m), nearly a month after rumours linking the two firms first surfaced.

EMC appears to have been courting the flash-based storage vendor for a while, after its senior executives were reported to have visited XtremIO's offices in Israel last month to discuss a takeover.

XtremIO is the sixth vendor EMC has acquired in Israel, which is also home to one of its research and development centres.

In a statement, the storage giant said XtremIO's technology would fit in well with its existing range of Flash-based arrays, which are featured in its VMAX, VNX and Isilon ranges.

XtremIO was set up in 2009 and, according to a post on its website, was due to start shipping its first products to customers later this year.

In a statement, Pat Gelsinger, president and chief operating officer at EMC, said: "XtremIO brings an amazing technology with a fantastic team that's captured praise from early-view customers and the [IT] industry.

"We fully expect XtremIO technology, once introduced to market, to have a tremendous impact on our customer's ability to [make use of] the unique advantages of all-Flash storage across many of their most demanding applications."

Caroline Donnelly is the news and analysis editor of IT Pro and its sister site Cloud Pro, and covers general news, as well as the storage, security, public sector, cloud and Microsoft beats. Caroline has been a member of the IT Pro/Cloud Pro team since March 2012, and has previously worked as a reporter at several B2B publications, including UK channel magazine CRN, and as features writer for local weekly newspaper, The Slough and Windsor Observer. She studied Medical Biochemistry at the University of Leicester and completed a Postgraduate Diploma in Magazine Journalism at PMA Training in 2006.