Micron Technologies to Acquire Virtensys to Bolster Storage Portfolio

Micron Technologies to Acquire Virtensys to Bolster Storage Portfolio

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Boise, ID—Micron Technology, parent company of Lexar, and Virtensys Ltd. announced they have signed an agreement for Micron to acquire the assets of privately held Virtensys, a provider of PCIe-sharing solutions based in Manchester, England and Beaverton, Oregon.

Micron believes the transaction would further strengthen its enterprise storage portfolio by combining Virtensys’ award-winning PCIe virtualization technology with its own solid state drives (SSDs), enabling data centers to share local storage across multiple servers.

“Virtensys’ PCIe-sharing technology has helped change the way data center operators manage and deploy their virtualized I/O resources, and Micron’s enterprise PCIe drive delivers market-leading speed, reliability and power efficiency,” said Edward Doller, Micron’s vice president and chief memory systems architect. “This agreement would enable a combination of enterprise technology solutions that have the opportunity to virtualize SSD storage on the path to a more flexible and dynamic data center.”

“Virtensys has served as an OEM focused company working to deliver innovative solutions with some of the world’s leading server, storage and I/O adapter manufacturers,” added John Nicholson, Virtensys chairman and CEO. “Our technology complements Micron’s enterprise products as we strive to empower the virtual data center, and we are delighted to join the Micron family.”

The transaction is subject to closing conditions and is currently anticipated to close by the end of the month. micron.com

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