Western Digital Corp. (NASDAQ: WDC) said it has acquired privately held VeloBit, a provider of high-performance storage I/O optimization software.
VeloBit will be fully integrated into HGST, a wholly owned subsidiary of Western Digital. Headquartered in Lincoln, MA, VeloBit enhances storage system performance with its software technology by adding a transparent acceleration layer utilizing solid state drives (SSDs). Financial terms of the transaction were not disclosed.
The acquisition builds on HGST´s strategy to enhance the overall value of datacenter storage by integrating HGST SSDs with software. VeloBit´s SSD caching software dramatically accelerates applications and increases server density by enabling higher I/O performance, lower latency, and more efficient usage of processor and storage resources.
Western Digital is a global provider of products and services that empower people to create, manage, experience and preserve digital content. Its subsidiaries design and manufacture storage devices, networking equipment and home entertainment products under the WD, HGST and G-Technology brands. Visit the Investor section of the company´s website (www.westerndigital.com) to access a variety of financial and investor information.
HGST (formerly known as Hitachi Global Storage Technologies or Hitachi GST), a Western Digital Company, develops advanced hard disk drives, enterprise-class solid state drives, innovative external storage solutions and services used to store, preserve and manage the world´s most valued data. For more information, visit the company´s website at http://www.hgst.com.
VeloBit provides high-performance storage I/O optimization software that dramatically boosts VDI and server density, accelerates applications, and boosts database capacity at a remarkably low cost.
