UPDATE: Fusion-io Acquires ID7

Fusion-io

today announced that it has acquired ID7, a pioneer in software defined storage (SDS) and an open-source leader in shared storage systems, as well as the developers and key contributors of SCST, a Linux storage software subsystem utilized by many storage vendors throughout the world. ID7 has been collaborating with Fusion-io on software development for the ION Data Accelerator software that transforms industry standard servers into shared storage appliances. "Software defined storage platforms are key to delivering peak performance and efficiency in today's datacenters," said David Flynn, Fusion-io CEO and Chairman. "ID7 has provided valuable contributions to the industry, making us excited to welcome them to our ION Data Accelerator team as we continue to grow our business with the expertise of many of the world's most innovative engineers." "As with other kernel contributors across the Linux stack working at Fusion-io, we will continue to support the open philosophies that have made ID7 and SCST successful," said Gary Orenstein, Fusion-io Senior Vice President of Products. "In addition to maintaining an open source version of SCST, Fusion-io will continue to contribute to the open source distribution as we develop software solutions to help define the all-flash datacenter." Established in 2006, ID7 is a UK-based storage technology company specializing in the development of storage software solutions across all types of interfaces including iSCSI, Fibre Channel and InfiniBand. A pioneer of advancements in emerging storage technologies, the ID7 engineering team is the primary developer of the SCST storage subsystem. SCST is a SCSI target subsystem for Linux operating systems that enables advanced functionality, including replication, thin provisioning, deduplication, high availability, and automatic backup on any Linux server or appliance. The SCST core provides a unified, consistent interface between SCSI target drivers, the Linux kernel and storage system by connecting target drivers with a physical or emulated storage backend. The SCST subsystem supports data exchange via SCSI, including iSCSI, Fibre Channel, FCoE, SAS, InfiniBand (SRP), and Wide (parallel) SCSI. The very low overhead of the SCST subsystem delivers maximum performance and scalability in software defined storage architectures. "We had an opportunity to work with Fusion-io on the development of the ION Data Accelerator when it became apparent that the team has been founded on a culture of architecting software innovation deep within the Linux operating system kernel to deliver significant breakthroughs in modern storage architectures," said Mark Klarzynski, Founder and Chief Technology Officer of ID7. "We're excited to join the Fusion-io team of world class engineers and developers to work together on open, software defined solutions to today's most challenging data demands." "Across Linux and Oracle subsystems, Fusion-io has embraced the need to support open source contributions to innovation in the storage stack," said Vlad Bolkhovitin, Founder and Primary Developer of the SCST SCSI Target Subsystem for Linux. "By joining the Fusion-io team, we are pleased to be able to provide SCST with more engineering resources and talent to support the development of the open source and commercial SCST subsystems as we meet the needs of Fusion-io customers around the globe." The ID7 team, including the primary SCST developers, will join Fusion-io as a result of the acquisition. The teams will continue to collaborate with Fusion-io engineering from their current locations across Europe and the United States. About Fusion-io Fusion-io delivers the world's data faster. Our Fusion ioMemory platform and software defined storage solutions accelerate virtualization, databases, cloud computing, big data and performance applications. From e-commerce retailers to the world's social media leaders and Fortune Global 500 companies, our customers are improving the performance and efficiency of their data centers with Fusion-io technology to accelerate the critical applications of the information economy. Note on Forward-looking Statements Certain statements in this release may constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933, including, but are not limited to, statements concerning our business strategy and our acquisition of ID7, including the expected benefits of the transaction. These statements are based on current expectations and assumptions regarding future events and business performance and involve certain risks and uncertainties that could cause actual results to differ materially from those contained, anticipated, or implied in any forward-looking statement, including, but not limited to, risks associated with the potential that Fusion-io or its customers may not realize the benefits that Fusion-io currently expects from the acquisition, risks inherent in the integration and combination of complex products or technologies, risks associated with our acquisition strategy and disruptions in our business and operations as a result of acquisitions, and such other risks set forth in the registration statements and reports that Fusion-io files with the U.S. Securities and Exchange Commission, which are available on the Investor Relations section of our website at www.fusionio.com. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that the future results, levels of activity, performance or events and circumstances reflected in the forward-looking statements will be achieved or will occur. Fusion-io undertakes no obligation to update publicly any forward-looking statement for any reason after the date of this press release.