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Panasas has received a new round of private equity investment led by the investing arm of KEWA Financial, a U.S. insurance company, and Dowroc Partners, a private investment fund comprised of investment professionals with expertise in storage technology, energy, and cloud computing. The investment will fund ongoing technology and product development and also support expansion into new markets, as well as the exploration of OEM relationships. Financial terms of the agreement were not disclosed.
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T-Systems is providing customers with a managed services offering for VMware Cloud on AWS. Together with its long-standing partner, VMware, the Deutsche Telekom IT service provider is connecting clients’ private clouds with VMware Cloud on AWS. The agreement was signed by Pat Gelsinger, CEO, VMware, and Adel Al-Saleh, CEO, T-Systems at Mobile World Congress in Barcelona.
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Hitachi, Ltd. is to strengthen its business structures, in order to achieve a transformation into a global leader, as laid out in the 2021 Mid-term Management Plan.
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NetApp confirms second year as official sponsor for the 2019 MotoGP World Championship.
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Veeam Software says that Insight Venture Partners has invested $500 million with strong participation from strategic investor Canada Pension Plan Investment Board (CPPIB) to accelerate the next phase of Veeam’s growth as the No.1 provider of Data Management solutions for the public and private cloud. Veeam will leverage Insight Venture Partners’ internal business strategy arm, Insight Onsite, and capital to accelerate its expansion through both organic growth and M&A activities.
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DataDirect Networks has given details of a new collaboration with Council of Scientific Industrial Research – Central Electronics Engineering Research Institute (CSIR-CEERI), focused on an objective to design, test and execute computation and storage solutions that will enable artificial intelligence (AI), machine learning (ML), and deep learning (DL) workloads. The collaboration will provide a complete infrastructure solution that can deliver Artificial Intelligence as a Service (AIaaS) for...
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Drillinginfo consolidates and increases efficiency of their storage platform utilizing IBM Spectrum Virtualize and Scale.
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