Storage
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Egnyte Debuts Dashboard For Content Analytics, Talks Path To Profitability
Egnyte, a company that provides hybrid-cloud data management services, today released a new method for companies to track and manage content in their control. Egnyte’s CEO Vineet Jain also spoke to TechCrunch concerning Egnyte’s individual financial performance. Egnyte’s new tool, called ‘Smart Reporting & Auditing File Service,’ is a dashboard environment… Read More
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Dell Needs To Decide What To Keep And What To Sell After EMC Deal
In the brave new enterprise world, organizations will be awash in big data, and it’s against this backdrop that Dell bought EMC this week for the astonishing sum of $67 billion. All of this data needs to be stored somewhere and that’s where EMC comes in. Dell already has been selling storage of course. In fact, it bought EqualLogic in 2007 for $1.4 billion, which seemed like a… Read More
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Two New Apps Tackle The Problem Of Running Out Of Space On Your Phone
One of the most common complaints from iPhone owners today is that they’re running out of space on their phones, and either aren’t quite sure what to do about it, or don’t have time to spend backing up then deleting all the photos, videos, and messages that are weighing down their device. While Apple offers a solution for this with its iCloud service, which is now more… Read More
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EMC-Dell Rumors Could Be About Storage Giant Exiting On Its Own Terms
Rumors that Dell is going to buy Massachusetts-based storage giant EMC, first reported yesterday in the Wall Street Journal, have been flying fast and furiously. The deal could be valued as high as $27/share, or just shy of $52 billion, according to one report, sending EMC’s stock soaring today. If the rumors are true, it could be one of the biggest tech M&A deals in history… Read More
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Pure Storage Prices IPO at $17
Enterprise storage company Pure Storage has raised $425 million after pricing its IPO on the NYSE at $17 per share, as originally reported by the Wall Street Journal. The company is trading under the ticker, “PSTG.” The Mountain View-based company competes with Dell, EMC, HP and others to provide flash storage products for businesses. Pure Storage warned in its filing that some… Read More
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Code42 Snares Huge $85M Series B Investment
Code42, the Minneapolis-based developers of the Crashplan enterprise backup tool, announced a massive $85 million round today. Code42 doesn’t do them small. It has had only one previous round for $52.5 million at the beginning of 2012. The company could have gotten more if it wanted it, according to CEO Joe Payne. “This was the amount of money we needed for the next stage of… Read More
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IBM Acquires Cleversafe To Accelerate Hybrid Cloud Storage Strategy
This morning IBM announced plans to acquire Cleversafe, a Chicago-based data storage vendor. The move appears to be a way to shore up IBM’s hybrid cloud storage chops. Terms of the deal were not available. Cleversafe was founded in 2004, and was well ahead of its time when it came to anticipating the big data revolution. According to its website, the company foresaw the coming data… Read More
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Apple’s New iPhones Still Start At Just 16GB Storage
Despite hardware upgrades to the cameras of its new iPhones, the iPhone 6s and 6s Plus, announced today — including larger sensors that yield higher megapixel shots and support for 4K recording — the entry-level versions of each model still offer what is an increasingly parsimonious 16GB of storage.
That compares unfavorably across the board with rival high end Android flagships… Read More
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ClearSky Data Exits Stealth With Novel Approach To Cloud Storage
ClearSky Data emerged from stealth today, offering an unusual approach to storage and data lifecycle management. It wants to combine the speed of on-premises storage with the cost and elasticity of a cloud service. While it’s a fully managed service, it involves several layers of storage with an on-premises piece, a local cloud data facility, and longer term public cloud storage.… Read More
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Dropbox’s Wall Street Challenge
Dropbox boasts a valuation in the $10 billion range. Last February the company hired a new CFO, which for many startups is a signal that their IPO moment is coming sooner rather than later. Nobody knows for sure of course, and Dropbox isn’t talking, but if the company does decide to move forward with a flotation, it could face several challenges in spite of its strong market presence.… Read More
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