Specializing in PCI Express-mounted flash storage, Fusion-io has managed to not only survive in these tough economic times, but garner additional investments from some clearly impressed onlookers. Loathe to be left out of the loop, Samsung — the world’s biggest NAND flash manufacturer and also Fusion-io’s chief supplier — has thrown some cash at the young startup company, and declared that the pair are now officially dating. Or, in their parlance, they’ve agreed to “jointly evaluate technology for new SSD applications.” Samsung won’t have any board level influence, but providing a reliable supply chain and the clout of its name should ensure that Fusion-io is around long enough for us to eventually be able to afford an ioDrive.
[Via PC World]
Filed under: Storage
Samsung invests in Fusion-io, takes relationship to ‘a new level’ originally appeared on Engadget on Wed, 21 Oct 2009 04:55:00 EST. Please see our terms for use of feeds.
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