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Micron Acquires UK-Based Start-Up Virtensys

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To add PCIe virtualization appliances to PCIe SSDs

Micron Technology, Inc. and Virtensys Ltd. have signed an agreement for Micron to acquire the assets of privately-held Virtensys, a provider of PCIe-sharing solutions based in Manchester, England and Beaverton, OR.

The transaction would strengthen Micron's enterprise storage portfolio by combining Virtensys' PCIe virtualization technology with Micron's SSDs, enabling data centers to share local storage across multiple servers.

"Virtensys' PCIe-sharing technology has helped change the way data center operators manage and deploy their virtualized I/O resources, and Micron's enterprise PCIe drive delivers market-leading speed, reliability and power efficiency," said Edward Doller, Micron Vice President and Chief Memory Systems Architect. "This agreement would enable a combination of enterprise technology solutions that have the opportunity to virtualize SSD storage on the path to a more flexible and dynamic data center."

"Virtensys has served as an OEM-focused company working to deliver innovative solutions with some of the world's leading server, storage and I/O adapter manufacturers," said John Nicholson, Virtensys Chairman and CEO. "Our technology complements Micron's enterprise products as we strive to empower the virtual data center, and we are delighted to join the Micron family."

The transaction is subject to closing conditions and is currently anticipated to close by the end of the month.

Specific terms of the proposed agreement are confidential.

Our comments :

Virtensys was founded in 2005 by former executives of Xyratex and got a total of $40 million in financial funding through three rounds.

The start-up releases aggregation switches that virtualize server I/O in hardware in 2009.

Micron will be able to have PCIe-connect flash memory arrays with its own SSDs, allowing to share storage across several servers.

The two companies have already tight partnership. Last August, Virtensys announced SSD solutions VIO-4010 and the VIO-4012 with Micron's RealSSD P300 and P320h enterprise SSDs. The company was selling its products to OEMs including Micron.


             The consolidation in SSDs continues

Mo. Year
Buyer Acquired
firm
Price*
 Activity
of acquired firm

3 2008  SMART
 Modular
 Technologies
Adtron  35 SSDs
4 2009  WD SiliconSystems  65 SSDs
for embedded
systems
1 2011  Cache-A JDV Solutions
 (IP and
  assets)
 NA SSD controllers
and software
3 2011  OCZ
Indilinx  32 SSD controllers
and software
5 2011  SanDisk Pliant
Technology
 327 Enterprise SSDs
8 2011  Fusion-io
IO Turbine  95 Software using flash
to solve I/O bottleneck
on VMWare
10 2011  LSI SandForce  370 SSD controllers
10 2011  OCZ PLX (assets)  NA UK R&D team
for SoC aimed at SSDs
1 2012  OCZ SANRAD  15 Flash caching
and virtualization
software and hardware
1 2012  Micron VirtenSys  NA PCIe I/O virtualization
silicon
for SSDs
 * In US millions

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