Seagate Technology, a leading supplier of storage solutions, and Virident Systems, a provider of flash-based storage-class memory (SCM) solutions, on Monday announced a strategic agreement to jointly deliver solutions for the growing enterprise flash storage market. Seagate has already made a strategic equity investment into Virident.
Under the agreement, Seagate will immediately offer a complete line of NAND flash-based PCIe solutions to its OEM and distribution partners. In addition, Seagate and Virident intend to leverage their mutual strengths to create next-generation hardware and software solutions for the solid-state storage market. In conjunction with the agreement, Seagate has made a strategic equity investment in Virident, and will appoint one member to the Virident board of directors.
“Together, we are working to develop the next-generation hardware and software solutions in the PCIe space. Our solid-state strategy is founded on both in-house development and through strategic partnerships with innovative companies to deliver the broadest portfolio in the industry. We believe that this strategic agreement immediately strengthens our leading position in the enterprise storage market by adding a broad line of Seagate flash-based PCIe solutions powered by Virident to our portfolio. We look forward to a long, productive partnership with Virident,” said Gary Gentry, senior vice president and general manager, solid-state drives at Seagate.
This partnership is expected to accelerate bringing next-generation SCM solutions to the enterprise and web datacenters worldwide. The agreement also expands Virident’s routes to market today by making itd PCIe flash products available to Seagate’s world-class channels.