Cisco sells data virtualization unit to Tibco

Four years after acquiring Composite Software and rebranding it as Cisco Data Virtualization, Switchzilla will sell the unit to Tibco. The buyer says it will be integrating the core Cisco Information server and its “related consulting and support services” into its analytics portfolio, alongside the Tibco Spotfire analytics and its Connected Intelligence platform.
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Software-Defined Storage Solutions to Generate Worldwide Revenue of $16.2 Billion in 2021 – IDC

Software-defined storage (SDS) is one of several new technologies that are rapidly penetrating the IT infrastructure of enterprises and cloud service providers. SDS is gaining traction because it meets the demands of the next-generation datacenter much better than legacy storage infrastructure. As a result, International Data Corporation forecasts the worldwide SDS market will see a CAGR of 13.5% over the 2017-2021 forecast period, with revenues of near...
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WW Cloud IT Infrastructure Revenue Grows 26% in 2Q17, Reaching $12 Billion – IDC

According to the International Data Corporation's Worldwide Quarterly Cloud IT Infrastructure Tracker, vendor revenue from sales of infrastructure products (server, storage, and Ethernet switch) for cloud IT, including public and private cloud, grew 25.8% year over year in 2Q17, reaching $12.3 billion. Public cloud infrastructure revenue grew 34.1% year over year and now represents 33.5% of total worldwide IT infrastructure spending at $8.7 billion, up ...
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WW SSD Market to Increase by CAGR of 14.4% Through 2022 – BCC Research

The SSD market is expected to increase by a CAGR of 14.4% through 2022, with the largest market being North and South America. The total market is forecast to reach $52.5 billion by 2022 from $26.8 billion in 2017, with the largest segment and most growth coming from SSDs with more than 1TB of storage, according to the report Solid-state Drives Technology: Global Market Analysis ($3,950,103 pages), by BCC Research.
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Cloudleaf secures $13 million funding to bring patented Sensor Fabric to market

IoT startups in Silicon Valley are in the news every time when they receive a financial push. This time it is Cloudleaf – a designer and developer of a location-aware sensory platform for automotive, aerospace, pharmaceutical and life sciences, and industrial manufacturing companies.
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NexStor Doubling Turnover in Last 12 Months

Data systems integrator NexStor Ltd announced that its turnover has more than doubled in the last 12 months, its team has expanded and it has been recognised as one of the top Nimble Storage and HPE partners in the UK. NexStor's team also sold the world's first Arcserve UDP 8000 appliance and has enlarged its product portfolio with the addition of three cloud services.
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Extreme Networks to Acquire Brocade Switching, Routing and Analytics Data Center Business

Extreme Networks, Inc. signed an asset purchase agreement with Brocade Communications Systems, Inc. to purchase the company's Switching, Routing and Analytics (SRA) data center business for substantially the same terms as the previously announced agreement between Extreme and Broadcom Limited.
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2021 NVMe Market Size at $60 Billion – G2M Research

G2M Research, part of G2M Communications, Inc., announced the 2017 NVM Express (NVMe) Market Sizing Report which extends the market forecast into 2021, and provides spotlight sections on the fastest-growing segments of the NVMe market.
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Infinidat Raises $95 Million Series C, Total Funding at $325 Million

INFINIDAT Ltd closed a $95 million series C financing round. The round was led by Goldman Sachs Private Capital Investing (PCI) with strong participation from series B leader, TPG Growth.
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D&H Resells Dropsuite

Dropsuite Limited signed a distribution partnership with D&H Distributing Co. (D&H), a technology distributor of IT and electronic solutions.
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