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DDN Closing In On Acquisition Of Tintri

socalTECH

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. READ MORE>>.

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

socalTECH

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. READ MORE>>.

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DDN Acquires Intel's Lustre File System Business

socalTECH

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 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. READ MORE>>.

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DataDirect Networks Snags HP Vet

socalTECH

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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MRV Sells Source Photonics To Francisco Partners

socalTECH

Chatsworth-based MRV Communications said late Tuesday evening that it has sold its Source Photonics unit to private equity firm Francisco Partners. Source Photonics is a developer of optical communications components. Tags: source photonics optical hardware merger acquisition exit francisco partners.

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MRV Communications Sells Avionics Systems Unit

socalTECH

Chatsworth-based MRV Communications , which manufactures optical networking components, reported Wednesday afternoon that it has executed a definitive agreement with a group of European private equity firms, led by Vinci Capital SA, to sell its Creative Electronic Systems SA.