Seagate and Virident join forces for enterprise flash storage market

• Duo to create next-generation hardware and software solutions for solid-state storage market
• Seagate makes strategic equity investment in Virident; to appoint one member to latter’s board

STORAGE solutions provider Seagate Technology and Virident Systems Inc which specializes in flash-based storage-class memory (SCM) solutions, have announced a strategic agreement to jointly deliver solutions for the growing enterprise flash storage market.
 
Under the agreement, Seagate will immediately offer a complete line of flash-based PCIe solutions to its OEM (original equipment manufacturer) and distribution partners, it said in a statement.
 
PCIe or Peripheral Component Interconnect Express is a high-speed serial computer expansion bus standard.
 
In addition, Seagate and Virident intend to leverage their mutual strengths to create next-generation hardware and software solutions for the solid-state storage market.
 
In conjunction with the agreement, Seagate has made a strategic equity investment in Virident, and will appoint one member to the Virident board of directors.
 
“Seagate is thrilled to team with Virident, a technology leader in one of the fastest growing markets in enterprise and cloud computing,” said Gary Gentry, senior vice president and general manager of Solid State Drives at Seagate.
 
“Our solid-state strategy is founded on both in-house development and through strategic partnerships with innovative companies to deliver the broadest portfolio in the industry. We believe that this strategic agreement immediately strengthens our leading position in the enterprise storage market by adding a broad line of Seagate flash-based PCIe solutions powered by Virident to our portfolio,” he said.
 
“We are extremely pleased to have Seagate as a strategic partner and investor,” said Mike Gustafson, chief executive officer of Virident. “This partnership validates Virident’s vision of pervasive flash in the performance tier and accelerates our shared vision by bringing next-generation SCM solutions to the enterprise and web datacenters worldwide.
 
 
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