8. EMC Acquires ScaleIO
Data storage giant EMC acquired ScaleIO on July 12 for an undisclosed sum. Published reports at the time put the acquisition price between $200 million and $300 million.
ScaleIO was considered a pioneer in the nascent software-defined storage area, and EMC's acquisition of the company was seen as a potential game-changer, disrupting the way businesses purchase storage systems and impacting how the channel sells both storage and cloud computing.
ScaleIO's Elastic Converged Storage technology creates a virtual pool of server-based storage, using any combination of solid-state devices, PCIe flash cards and hard drives. Potentially scaling to thousands of servers, the technology can eliminate the need for a storage area network.