TMCnet News

Samsung Electronics Purchases Proximal Data [Health & Beauty Close - Up]
[November 05, 2014]

Samsung Electronics Purchases Proximal Data [Health & Beauty Close - Up]


(Health & Beauty Close - Up Via Acquire Media NewsEdge) Samsung Electronics Co. reported that it acquired Proximal Data.

"We are delighted to have Proximal Data join us, which will enable us to enhance our competence in SSD-based software for server systems," said Bob Brennan, Senior Vice President of the Memory R&D Team at Samsung Semiconductor. "With this acquisition, we will be able to further expand our SSD business in the server and data center markets, while continuing to provide the most advanced SSD solutions to customers." "Proximal Data sees tremendous value in being part of Samsung Electronics, the world leader in flash storage," said Rory Bolt, CEO and founder of Proximal Data. "We are excited at the opportunity to enhance our AutoCache, as well as to create revolutionary new products in enterprise storage, the potential of which will be greatly improved with access to the full capabilities of Samsung." According to a media release, Caching software improves storage performance by controlling and storing frequently used data more efficiently. Proximal Data holds core technology in the caching software area and has been marketing AutoCache software, a virtual cache storage solution that increases virtual machine density and performance by eliminating I/O bottlenecks, without disrupting IT operations.



More information and complete details: www.samsung.com ((Comments on this story may be sent to [email protected])) (c) 2014 ProQuest Information and Learning Company; All Rights Reserved.

[ Back To TMCnet.com's Homepage ]