News

SanDisk to buy PCIe flash pioneer Fusion-io for $1.1bn

Antony Adshead

SanDisk has announced it has struck a deal to buy PCIe server flash pioneer Fusion-io for $1.1bn.

The Fusion-io deal will give SanDisk a major boost in the PCIe flash space where it has until now had virtually no presence. The company has been on a minor spree of buy enterprise flash-related businesses to add to its hitherto largely consumer solid-state memory portfolio.

ioDrive.jpg

It bought Smart Storage in 2013 for its DIMM slot-connected memory channel storage flash technology, Flashsoft flash caching software in 2012, and SAS-connected enterprise flash drive manufacturer Pliant in 2011.

Although Fusion-io is a PCIe flash pioneer, the company has seen a number of loss-making quarters, so the good news for Fusion-io customers is that it is being absorbed by a healthy parent company. Sandisk turned over about $6bn last year and made $1bn on that.

With this purchase SanDisk looks to be adding further to its stated strategy of entering the datacentre flash market, which offers better margins than the consumer SSD market.

The Fusion-io products Sandisk will acquire with this deal include: 

  • the recently launched Atomic Series PCIe flash cards based on the latest-generation NAND flash chips
  • the ioDrive, ioCache and ioFX PCIe flash card lines
  • the ioControl hybrid array (that results from the NexGen acquisition)
  • ioTurbine and ioVDI flash caching software
  • the ION Accelerator PCIe-based storage appliance.

The acquisition is the latest in a hot flash storage market that is seeing flash startups being acquired, usually by big six storage array providers or the few big flash chip makers.


More on flash storage

Big storage takes two routes in flash array shakedown

Flash array market roundup: the startups

Big storage turns the tide in the hybrid flash array market

PCIe SSD flash storage roundup: the few become fewer

Flash caching software market roundup

Flash hits the motherboard with memory channel storage


Email Alerts

Register now to receive ComputerWeekly.com IT-related news, guides and more, delivered to your inbox.
By submitting you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy
 

COMMENTS powered by Disqus  //  Commenting policy