14 DAY TRIAL // Samsung, one of the world's leading vendors of NAND Flash memory solutions, has recently announced that it has invested in Fusion-io, a company that has been making headlines with the performance specifications of its ioDrive. The two companies have agreed to jointly evaluate technology for new SSD applications, further expanding their collaboration to provide users with higher-performance and more competitive Flash-based storage solutions. With this investment Samsung expects Fusion-io to become a major player in the storage media segment.
“Samsung's superior quality, product consistency and close working partnership have been important contributors to our success to date,” said David Flynn, president and CTO of Fusion-io. “We are honored by Samsung's recognition of our potential and are gratified that these agreements will ensure that our products use the best NAND flash on the market today.”
Fusion-io has been making the headlines with its ioDrive, a Flash-based storage solution that provides high-end users with a high-performance SSD that takes full advantage of the performance specifications that are enabled by a PCI-Express expansion slot. The ioDrive is available in both SLC and MLC configurations and comes in a range of capacities, providing business consumers with a choice for a high-end storage product.
“In securing these agreements, Samsung is furthering its working relationship with Fusion-io,” said Jim Elliott, vice president, Memory Marketing, Samsung Semiconductor, Inc. “We continue to be impressed with the technology Fusion-io is creating and are now taking our relationship with them to a new level.”
According to Fusion-io, since the debut of the ioDrive, in late 2007, the company's quarter-over-quarter sales have nearly doubled, proof that the company continues to expand and gain market share. With the help of the Samsung investment, Fusion-io can continue its progress and reach new heights in the media storage market.