Blackstone invests $300M in DDN to boost AI storage business
Private equity firm Blackstone is investing $300 million in privately held DDN, valuing the company at $5 billion and aiming to help develop its AI-related storage business.
According to DDN...
ExaGrid claims 4,590 customers as it points to growth
ExaGrid claims it is fielding "record bookings" and revenue – although as a privately held company it provides no comparative figures for this – for the final 2024 quarter, up 20...
Storage stack layers and players going into 2025
Analysis: Right now, the two dominant storage demand and development drivers are cyber-resilience and security on the one hand, and AI training and inference on the other.
The IT storage picture...
The case for high-cap SSDs overtaking HDDs as datacenter standard
Analysis: With the arrival of 122 TB SSDs, the case for disk drives being replaced by SSDs suddenly looks much more compelling.
At the end of 2024, we have five...
WD’s HAMR switch could be closer than we think
Analysis Intevac has said there is strong interest in its HAMR disk drive platter and head production machinery from a second customer, which could indicate that Western Digital is...
Western Digital flash unit boss to exit amid split in the biz
Western Digital EVP and GM Robert Soderbery, head of the NAND and SSD business unit, is leaving on January 2.
The storage device builder currently has two divisions: hard disk...
Pure Storage notches up hyperscaler deal, revenue uptick
Pure Storage reported Q3 2025 revenues rising 9 percent to $831 million, revealing that a top-four hyperscaler licensing deal for its Purity OS and Direct Flash Module (DFM) technology...
‘Leading CSP’ gives Seagate HAMR drives the all-clear
Seagate can start volume shipping HAMR drives after receiving qualification from a leading cloud service provider and other high-capacity drive customers.
Its Mozaic 3 3 TB/platter heat-assisted magnetic recording (HAMR)...
Synology appoints US subsidiary CEO to drive enterprise expansion
Synology vet James Chen has been appointed CEO for Synology America to spearhead its enterprise storage market business growth with data protection appliances taking the lead role.
Taiwan-based Synology, founded...
Freely access NetBackup files without using Veritas software
S2|DATA has launched a no-cost Libertas utility to read and access Veritas NetBackup disk images – without requiring NetBackup software or licensing.
Libertas is a Windows desktop application that catalogs...
Quantum DXi9200 hybrid backup appliance replaces previous models
Quantum has launched a high-end DXi9200 target backup appliance as its sole hybrid (flash+disk) hardware accompanying the two all-flash T-series and two V5000 virtual appliances.
As a consequence, its DXi...
Quantum faces revenue drop but anticipates turnaround with operational overhaul
Quantum reported subdued results for its second FY 2025 quarter but said operational improvements, a product portfolio refresh, and go-to-market enhancements would return the company to growth.
Revenues in the...