Intel not interested by NVELO? Samsung was...
Short news came during last week-end and Linkedin was the most efficient media to learn that NVELO has been acquired. Probably very few people out of the SSD ecosystem knew about NVELO. Based in Santa Clara, the company was a spin off from Denali, privately owned and if you look at the top management, you will recognize a few name, like David Lin the VP of Product development or Sanjay Srivastava, Chairman of the board, both being part of the winning team who has sold Denali for $315M to Cadence. The product developed by NVELO? Dataplex, which is SSD cache, allowing to benefit from the Nand Flash advantages over a pure Hard Disk Drive (HDD) type of storage, but without the over cost generated by a complete SSD storage system. Pretty smart product…
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