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This article was published on December 17, 2012

Samsung buys US-based storage software maker Nvelo in undisclosed deal

Samsung buys US-based storage software maker Nvelo in undisclosed deal Image by: JUNG YEON-JE
Jon Russell
Story by

Jon Russell

Jon Russell was Asia Editor for The Next Web from 2011 to 2014. Originally from the UK, he lives in Bangkok, Thailand. You can find him on T Jon Russell was Asia Editor for The Next Web from 2011 to 2014. Originally from the UK, he lives in Bangkok, Thailand. You can find him on Twitter, Angel List, LinkedIn.

Samsung has strengthened its storage business after announcing a deal to buy US-based software specialist Nvelo in an undisclosed deal.

Two-year-old Nvelo is based in Santa Clara and develops data caching software. That technology increases the speed at which devices, such as computers or phones, retrieve data and information from hard disk drives and solid state devices (SSD).

The acquisition, which closed Friday, was low key but nonetheless significant as it will give the Korean electronics giant more options in the memory space. The announcement of the deal was light on details and specifics, but it did confirm that all technology and staff at Nvelo will be transferred to Samsung.

Nvelo says that its Dataplex product — which was first developed by Denali, the Cadence-owned company that Nvelo was spun out of — detects and caches the information that is most used, allowing for the speed gains. It is not yet clear whether Samsung will make it, and other Nvelo products, proprietary.

“The acquisition of Nvelo will enable us to extend our ability to provide SSD related storage solutions to customers. We are pleased with this transaction as the employees of Nvelo share our vision to take SSD storage into the next-generation of performance and reliability,” said Young-Hyun Jun, executive VP of flash product and technology for Samsung’s device solutions business.

Related: Samsung begins producing next-gen mobile memory with industry’s first 30nm 2GB LPDDR3 chips

Headline image via Jung Yeon Je/AFP/Getty

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