Seagate Technology will buy LSI's flash storage business from Avago Technologies for US$450 million in cash.
Samsung has raised the stakes in flash storage with a new 1TB solid-state drive based on its newest memory technology.
Box wants to deepen its presence among nonprofit organizations, so it's launching a new unit called Box.org focused on their particular IT needs and challenges, and is also introducing special pricing for qualified customers in the sector.
Box has extended its search API to increase and improve the ways in which customers find information in its cloud-storage and file-sharing service via custom-developed tools, applications and integrations.
Anticipating a storage crunch spurred by big data, IBM and Fujifilm are advancing the state of art in magnetic tape with a prototype capable of storing 85.9 billion bits of data per square inch.
Web developers can now configure apps to be notified immediately of changes that users make to their Dropbox files, taking some strain off Web servers and potentially giving end users a better experience.
Storage is now marching down the same path as computing, approaching a future when all of an organization's storage systems can be mixed and managed as virtual pools.
Rocked recently by reports that it has delayed its IPO, Box has rebounded with a major customer win, snapping up General Electric, which plans to roll out the cloud storage and file sharing service to its 300,000 employees worldwide.
EMC may be in the market for security and data analytics acquisitions as it builds out what it calls a federation of businesses among VMware, RSA Security, Pivotal and the company's traditional storage operations.
EMC's introductions this week of its Elastic Cloud Storage Appliance (ECS) and of ViPR 2.0, the latest generation of its enterprise storage virtualization software, are two sides of the same coin.
The IT systems of the past 20 years won't be able to handle the emerging Internet of Things, which will call for cloud computing, virtualization, efficient storage and big-data analysis, according to EMC.
EMC has agreed to acquire DSSD, a Silicon Valley startup developing technology for pooling server-based flash for high-performance data access.
EMC is taking on Amazon's Cloud storage service with a private cloud platform it says will cost less to use.
EMC's big bet on software is likely to get even bigger at this week's EMC World conference in Las Vegas.
Sony has developed a magnetic tape material that can store data at 148 gigabits per square inch, roughly 74 times the density of standard tapes.
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