EMC is in the news again. With rumors coming our of Israel that EMC has acquired or is in Â final stages of acquiring Israeli Cloud Storage Start-upÂ ScaleIO. This is following last months announcement where EMC unveiled their Software Defined Storage Strategy. ViPR.
Although I have not yet been able to find an official press release, it seems like this is a done deal. The cost of the acquisition is unknown and estimates by experts are saying between $200 – $300 Million.
ScaleIO was founded in 2011 by a team made up of storage industry experts and veterans. In December 2012,Â ScaleIO successfullyÂ raised $12 million from Greylock IL Partners, Norwest Venture Partners (NVP), and private investors. The company intended to use the funds to expand its field operations in response to growing demand by enterprises and service providers for the ScaleIO ECS software product.
Scale IO is best known for theirÂ ElasticConverged StorageÂ -Â ECS.Â Like many other Software Defined Storage vendors, ScaleIOÂ uses local disks to realize a virtual SAN that is comparable to or better than external SAN storage. This comes at a fraction of the cost and complexity. The software components of ECS are installed on the application hosts alongside applications like databases and hypervisors.
Something I found interesting on the ScaleIO website was the TCO Calculator. of course the calculator only provides a summary of savings, but does offer a detailed calculation if you choose to register on their site
I will continue to follow this as details unfold. Seems like an interesting time in the Software Defined Storage Arena as the race intensifies to emerge a winner.
References for this blog:
An Israel based publication published the article last week.