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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. Tags: datadirect networks high performance computing storage data disk merger acquisition.

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Logicube Buys IP Rights From Partner

socalTECH

Chatsworth-based Logicube , a developer of hard drive duplication and electronic forensics products, announced this morning that it has acquired the intellectual property behind its CellDEK technology. Financial terms of the acquisition were not disclosed.

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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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Pentadyne Buys UK Firm

socalTECH

Chatsworth-based Pentadyne Power , a developer of flywheel-based storage systems, said Thursday afternoon that it has acquired TGT Energy Ltd., a UK-based developer of flywheel technology for rail and energy recycling applications. Tags: pentadyne power flywheel merger acquisition rail railroad. TGT Energy Ltd.,