Samsung invests in Fusion-io
By Jennifer Scott,
Samsung today announced that it is investing in solid state storage company Fusion-io.
The undisclosed cash injection will see Fusion-io working closely with Samsung – a big player in the NAND flash market – on evaluating technology for new applications of solid state disk (SSD).
"We continue to be impressed with the technology Fusion-io is creating and are now taking our relationship with them to a new level," said Jim Elliott, vice president of memory marketing at Samsung, in a statement.
Fusion-io has made quite a splash in the SSD pool since the company launched its first product – the ioDrive – in late 2007. Since then, quarter over quarter sales have doubled.
The company made its move into the UK back in May this year, partnering with Diamond Point to launch its ioDrive and ioDrive Duo storage architectures.
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