Menu
Samsung invests in flash startup Fusion-io

Samsung invests in flash startup Fusion-io

The companies say they will work on new applications of solid-state storage

Samsung has invested in Fusion-io, deepening the relationship between two significant players in the fast-growing flash-storage business.

The South Korean company, a major supplier of NAND flash silicon, invested "millions" in Fusion-io, said Fusion-io President and Chief Technology Officer David Flynn, though he declined to give a more specific figure. Also as part of the announced deal, the two companies will jointly evaluate technology for new applications of solid-state storage, he said.

Flash storage, widely used in consumer electronics, is playing a growing role in enterprises because it offers a more efficient alternative to HDDs (hard disk drives) for high-speed access to data. It is also emerging as a fast, power-efficient storage alternative for mobile PCs.

Fusion-io specializes in storage devices that plug directly into PCI Express (PCIe) slots in servers, rather than SSDs (solid-state drives) that use traditional HDD form factors or interfaces, Flynn said. Founded in 2007, it has continued to win funding despite a tight investment environment. In April, the company took in US$47.5 million in funding from Lightspeed Venture Partners and other investors, including Dell Ventures. Earlier this year, Apple cofounder Steve Wozniak, already a member of Fusion-io's board, became its chief scientist.

Samsung is the primary supplier of flash for Fusion-io's products, though Fusion-io has qualified other vendors' chips, Flynn said. While the companies work together, they also compete, as Samsung makes its own solid-state storage devices.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Featured

Slideshows

Reseller News launches alumnae breakfast for Women in ICT Awards

Reseller News launches alumnae breakfast for Women in ICT Awards

Reseller News hosted the first alumnae breakfast for the Women in ICT Awards in New Zealand, designed to showcase the leading female leaders in the industry. Held at The Cordis in Auckland, attendees came together to hear inspiring keynotes and panel discussions, alongside high-level networking among peers.

Reseller News launches alumnae breakfast for Women in ICT Awards
Reseller News Innovation Awards 2018: meet the top performing partners

Reseller News Innovation Awards 2018: meet the top performing partners

Reseller News honoured the industry’s finest on a standout evening for the New Zealand channel, recognising the achievements of established partners, emerging players and innovative start-ups, in front of over 460 technology leaders in Auckland.

Reseller News Innovation Awards 2018: meet the top performing partners
Show Comments