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DDN Closing In On Acquisition Of Tintri

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DataDirect Networks , the developer of high performance computing (HPC) and enterprise storage products, says it expects to finalize its acquisition of data storage array maker Tintri , in what it says is "the next few days". DDN says it expects the acquisition to close this month.

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DDN Completes Acquisition Of Tintri, Pays $60M For Bankrupt Data Storage Firm

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DataDirect Networks , which develops high performance data storage for the enterprise and high-performance-computing (HPC) market, has completed its acquisition of Tintri , the bankrupt flash data storage developer. DDN--which has major operations in Chatsworth, but calls Santa Clara its headquarters--said it paid $60M for Tintri.

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DataDirect Networks In Play?

socalTECH

Chatsworth-based DataDirect Networks , a developer of data storage arrays for the high performance computing (HPC) market, appears to be in the midst of a possible acquisition deal, according to documents uncovered by PEhub. Tags: datadirect networks high performance computing storage data disk merger acquisition. READ MORE>>.

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Logicube Buys IP Rights From Partner

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Chatsworth-based Logicube , a developer of hard drive duplication and electronic forensics products, announced this morning that it has acquired the intellectual property behind its CellDEK technology. Financial terms of the acquisition were not disclosed. Tags: logicube hard drive electronic forensics merger acquisition.

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DDN Acquires Intel's Lustre File System Business

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Chatsworth-based DataDirect Networks (DDN), which develops data storage equipment and software, has acquired the Lustre File System business from Intel , according to DDN late Sunday evening. Financial details of the acquisition were not announced.

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DataDirect Networks Snags HP Vet

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Chatsworth-based DataDirect Networks , the developer of storage arrays led by Alex Bouzari, said today that it has added former HP Fellow and Information Optimization CTO Jean-Luc Chatelain as its EVP Strategy and Technology. DataDirect said that Chatelain will head up expansion of the firm's product portfolio. READ MORE>>.

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Pentadyne Buys UK Firm

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Chatsworth-based Pentadyne Power , a developer of flywheel-based storage systems, said Thursday afternoon that it has acquired TGT Energy Ltd., Tags: pentadyne power flywheel merger acquisition rail railroad. a UK-based developer of flywheel technology for rail and energy recycling applications. TGT Energy Ltd.,