Western Digital Acquiring Tegile

Press release published by: https://www.storagenewsletter.com/
This is a Press Release edited by StorageNewsletter.com on 2017.08.30
Source URL: https://www.storagenewsletter.com/2017/08/30/western-digital-acquiring-tegilefinir/

Western Digital Corp. and Tegile Systems, Inc. entered into a definitive agreement under which Tegile, provider of flash and persistent-memory storage solutions for enterprise data center applications, will be acquired by Western Digital.

Financial terms of the transaction were not disclosed.

The acquisition is expected to close the week of September 4, 2017, upon satisfaction of certain closing conditions as set forth in the definitive agreement between the parties.

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Tegile has been at the forefront of the flash storage revolution since 2012. With its IntelliFlash architecture, it has pioneered a comprehensive storage platform that delivers storage at the speed of flash memory.

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About Calsoft

Calsoft is a leading software product engineering services company specializing in Storage, Networking, Virtualization and Cloud business verticals. Calsoft provides End-to-End Product Development, Quality Assurance Sustenance, Solution Engineering and Professional Services expertise to assist customers in achieving their product development and business goals. www.calsoftinc.com

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