7. Non-Stop Acquisition Spree
Storage industry acquisitions in 2012 paved the way for big changes in the industry going forward as vendors focused not on growth but on bringing in technology to make them more formidable competitors.
Leading the acquisition spree was Dell's $2.4-billion buy of Quest Software, which gave it a major data protection and data management software offering. Dell also bought data protection vendor AppAssure. HDS and IBM also bought data protection software vendors. Several acquisitions helped beef up cloud storage capabilities, such as Microsoft's buy of StorSimple, a developer of hybrid local and hybrid cloud storage technology for Windows platforms; Persistent Systems' acquisition of the Doyenz's cloud platform business, which focused on disaster recovery-as-a-service; and Carbonite's acquisition of open-source cloud backup technology provider Zmanda. And, in hardware, IBM showed it was ready to compete in flash-based storage with its massive acquisition of flash pioneer Texas Memory Systems.