SanDisk Corporation Tag

 

Consolidation Temptation- MONEY MONEY MONEY

23 Oct 2015, Posted by Jeska Rayboy in Blog

What an exciting time to be in the Storage and Data Center Infrastructure market!!! It is so competitive with new technologies popping up everyday that companies are rampantly partnering up for better future strategic positioning. If you thought that Symantec selling Veritas for 8 Billon (Click here for article) was a big deal, that looks like small potatoes compared to Michael Dell’s purchase of EMC. Who saw that 67 Billion dollar acquisition coming? (Click here for article ).  Dell and EMC are both hugely successful companies in their own right, and the combined firm will be a major force to be reckoned with.  It will be very interesting to hear about how things develop with this mega-merger. As we receive additional feedback from people in the marketplace, we will post future updates.dell emc 2

The Dell/EMC acquisition isn’t the only one that has happened in the past month, just the most expensive… Perhaps everyone is getting ready to crush it in 2016. IBM just bought Cleversafe (Click here for article).Western Digital bought SanDisk  for 19 Billion (Click here for article). Thales Group bought Vormetric  for 400 Million (Click here for article).

Who do you think will be the next corporate marriage????!!!!!

Investment continues to flow into storage startups, with Tegile Systems the latest company receiving a major cash infusion, closing a $70 million Series D funding round. The new funding brings the company’s total capital raised to $117.5 million to date, and will be used to finance its global expansion and address the opportunity within the enterprise flash storage market space.funding 2

Three new investors, Capricorn Investment Group, Cross Creek Advisors and Pine River Capital Management, join existing investors August Capital, Meritech Capital Partners, Western Digital Corp. and SanDisk Corp. to fund the round.

With a best-in-class product portfolio, an award-winning partner program, and numerous industry accolades, Tegile continues to set the bar for up-and-coming storage vendors,” said Dipender Saluja, MD, Capricorn Investment Group. “Tegile is transforming the storage industry by offering unique storage solutions that strike the perfect balance between performance and economics. The opportunity to partner with Tegile and help scale the company as it continues its rapid ascent in the flash storage industry is one that we simply could not afford to pass up.”

Tegile provides flash-optimized storage solutions that enable businesses of all sizes to accelerate their applications, reduce their storage footprint and cut operational costs. Tegile shipped its first storage array in 2012. Since then, the company has deployed more than 1,500 systems within mid-sized and large enterprise environments and has experienced year-over-year revenue growth of 350%. Read More.

Rayboy Insider Search attends Interop

02 Oct 2014, Posted by Jeska Rayboy in Blog

Rayboy Insider Search enjoyed seeing everyone who attended Interop 2014 in NYC. Interop is a prominent technology conference and expo designed to inspire, inform, and connect the world’s IT community. It is always a pleasure for us to see our clients in action and get first handM&A interop demos on all of the technologies and services they bring to the market. We were particularly fascinated with the innovation taking place in the security and compliance sector. Looking forward to helping our newest partners add top talent to their teams. To see information on all of the vendors that are attending Interop this year go

to  http://www.interop.com/newyork/

interop