EMC today confirmed the poorly kept secret that it is buying flash array startup XtremIO. EMC did not disclose the price, but Israeli business publication Globes -– which first reported a deal was likely last month -– put the price at $430 million.
That’s a steep price for a company that is not even shipping products yet, but it underscores EMC’s serious push into flash. EMC said it will reveal details about its plans for XtremIo at EMC World later this month. EMC is also expected to flesh out details about its PCIe-based “Project Thunder” shared storage appliance at the show.
According to the XtremIO website, it’s product is a clustered flash array that scales out for capacity and performance. XtremIO claims the system can be rapidly deployed with simple steps for creating volumes, defining hosts, and mapping volumes to host. The arrays support thin provisioning and global deduplication for primary storage, and XtremIO said it would be cost competitive with performance spinning disk storage.