Stratus Technologies has signed a definitive agreement to be acquired by an affiliate of Siris Capital Group, LLC, in a transaction valued at approximately $352 million. "This is the right deal at the right time for Stratus," said Dave Laurello, President and CEO, Stratus Technologies. "It is a clear endorsement of our strategy, our products and our people. Together we will continue to transform Stratus and take our industry-leading technology and solutions to a broader market,...
Read MoreThe latest in a series of partners to sign up since Gridstore’s EMEA launch last month.
Read MoreLeading industry consortium for energy efficient IT further diversifies representation.
Read MoreSeagate Technology plc has completed its previously announced acquisition of Xyratex Ltd, a leading provider of data storage technology.
Read MoreVirtustream, the leading enterprise class cloud software and Infrastructure as a Service (IaaS) provider, has selected PernixData FVP™ to scale-out storage performance for its cloud applications in a cost effective manner. By enabling both mission-critical legacy and web-scale applications to run efficiently in the cloud, PernixData FVP is helping Virtustream exceed customer Service Level Agreements (SLAs), while lowering the company’s support calls.
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