Samsung Acquires Proximal Data to Grow SSD Business

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This article originally appeared at The WHIR

Samsung announced on Sunday that it has acquired Proximal Data, a provider of server-side caching software. The terms of the deal have not been disclosed.

With the acquisition, Samsung plans to expand its SSD business in the server and data center markets.

According to the announcement, San Diego-based Proximal Data has been marketing AutoCache software, which is a virtual cache storage solution that increases VM density and performance by eliminating I/O bottlenecks.

AutoCache was recognized at the Flash Memory Summit as a Best of Show award winner in the category of Most Innovative Flash Memory Technology in 2012.

Hosting providers have been adding SSD caching technology to their offerings in order to give customers faster loading websites.

“We are delighted to have Proximal Data join us, which will enable us to enhance our competence in SSD-based software for server systems,” SVP of the Memory R&D Team at Samsung Semiconductor Bob Brennan said. “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.”

Samsung’s acquisition of Proximal Data builds on its 2012 acquisition of NVELO, a creator of SSD caching software. Samsung has added the software to its branded SSDs since 2013.

“Proximal Data sees tremendous value in being part of Samsung Electronics, the world leader in flash storage,” Promximal Data founder and CEO Rory Bolt said. “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.”

Last year, SanDisk acquired enterprise SSD developer SMART Storage Systems for around $307 million.

This article originally appeared at: http://www.thewhir.com/web-hosting-news/samsung-acquires-proximal-data-grow-ssd-business