Startup made a compelling pitch for hybrid systems
Samsung Electronics Comp., Ltd. (KSC:005930) is one of the most powerful forces into today's NAND flash market thanks to its heavy R&D investments. On Monday, Samsung Device division EVP Young-Hyun Jun announced a major acquisition designed to boost Samsung's hybrid flash drive offerings.
The company decided to purchase Nvelo, a startup who makes caching software called Dataplex, which is geared at giving your laptop or desktop a speed boost from a small (50 GB or so, typically) secondary NAND hard drive.
Terms of the deal were not disclosed, but one can safely assume that the current manufacturers whom Dataplex bundles its software with -- OCZ Technology, Corsair, and Crucial -- won't be happy with this development.
Mr. Jun comments, "The acquisition of NVELO will enable us to extend our ability to provide SSD related storage solutions to customers. We are pleased with this transaction as the employees of NVELO share our vision to take SSD storage into the next-generation of performance and reliability."
Source: Samsung [press release]
"We don't know how to make a $500 computer that's not a piece of junk." -- Apple CEO Steve Jobs
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