Seagate hasn’t made too many cloud-focused acquisitions
Seagate announced plans to acquire storage software and hardware vendor Dot Hill Systems for $694m, which the company said would help bolster its cloud portfolio of products.
Dot Hill specialises in SAN technology and offers a range of storage array-based systems integrated with its storage and data management software, which are tailored primarily to the needs of cloud and virtualised workloads.
“Dot Hill’s innovative storage systems and IP portfolio are a strategic addition to our storage technology portfolio, enabling us to accelerate the growth of Seagate’s OEM-focused cloud storage system and solutions business,” said Phil Brace, president of Cloud Systems and Electronics Solutions at Seagate.
“We are focused on providing the highest quality storage systems for our OEM customers and Dot Hill’s storage solutions will enable us to advance our strategic efforts. We look forward to welcoming Dot Hill’s strong team, which has proven experience in developing and delivering best-in-class storage solutions that are trusted by the world’s leading IT manufacturers and their channel partners,” Brace added.
The move will see Seagate pay $9.75 per Dot Hill share, totaling about $694m. Seagate said following the acquisition it will integrate Dot Hill’s portfolio into its cloud systems and electronics business.
“Seagate has a strong reputation in enterprise storage and is focused on building out its best-in-class storage system capabilities, making them the right home for the talented Dot Hill team,” said Dana Kammersgard, chief executive officer of Dot Hill. “Dot Hill’s customers will benefit from leveraging Seagate’s leading technology and infrastructure to accelerate the delivery of advanced solutions.”
This is the latest cloud-centric acquisition for Seagate since it bought Exabyte last year.
Seagate Technology hopes to redefine cloud storage infrastructure with the unveiling of its internally developed Seagate Kinetic Open Storage platform. A potential leap forward in scale-out storage architectures, the innovative storage platform promises to simplify data management and improve performance and scalability while lowering total cost of ownership of typical cloud infrastructures.
“With the Seagate Kinetic Open Storage platform, our internal R&D teams have designed an unique, first-of-its-kind storage architecture to enable cheaper, more scalable object storage solutions that free up IT professionals from having to invest in hardware and software they don’t need—while empowering them with the most innovative storage technology available,” said Rocky Pimentel, Seagate executive vice president and chief sales and marketing officer. “This technology optimizes storage solutions for a new era of cloud storage systems, while drastically reducing overall costs.”
The platform leverages Seagate’s expertise in hardware and software storage systems to integrate a new key/value API – which will be open sourced – and Ethernet connected with Seagate hard drive technology. Designed for rapid implementation and deployment in any cloud storage software stack, this technology can be deployed across a portfolio of storage devices enabling system builders and software developers to design new solutions that will deliver against a full array of cloud data center use cases.
Redefining hardware and software capabilities, the platform enables cloud service providers and independent software vendors to optimize scale-out file and object-based storage—simply and effectively. With the Kinetic Open Storage platform, applications can now manage specific features and capabilities and rapidly implement and deploy in any cloud storage software stack. The technology also increases I/O efficiency by removing bottlenecks and optimizing cluster management, data replication, migration, and active archive performance.
Very interesting, though somewhat speculative, article today in The Register that outlines some new technology that may make a disk-based competitor to Amazon’s Glacier as cheap but faster:
“EVault, according to our storage gossips, is going to use disks, next-generation slow and energy-efficient drives from parent Seagate, probably shingled magnetic recording drives, and thus be able to generate restores which are potentially faster than those achieved on Glacier.”
For details and full-on speculation, read the article.