SEOUL, KOREA - Samsung Electronics has acquired a U.S. software company specializing in developing solid-state drive software programs. The latest transaction was intended to improve its competitiveness in the SSD area.
The Seoul-based company said on November 3 that it purchased Proximal Data, Inc., a San Diego (Calif.)-based company with specialty in SSD caching software. Earlier in 2012, Samsung had taken over an SSD caching software developer "NVELO."
Caching software improves storage performance by controlling and storing frequently used data more efficiently. Proximal Data holds core technology in the caching software area and has been marketing AutoCache software, a virtual cache storage solution that dramatically increases virtual machine density and performance by eliminating I/O bottlenecks, without disrupting IT operations.
The global SSD market is forecast to grow rapidly to US$20 billion by 2020 from $11.3 billion this year overtaking that of hard-disk drive (HDD), according to market research firm IHS Inc. Currently Samsung Electronics leads the worldwide SSD market with 29 percent of the global share, widening the difference from the runner-up SanDisk by 10 percentage points. The company plans to bring up the share in the SSD finished goods market to more than 40 percent just like in the memory chip market. To that end, it is expanding the capacity for 3D vertical NAND memory line in its Xi'an plant in China.
Article provided by The Korea Economic Daily
저작권자 © Korea IT Times 무단전재 및 재배포 금지
