Disk drive manufacturer HGST has agreed to acquire Amplidata, a US-based data storage software developer backed by disk drive manufacturer Western Digital, semiconductor maker Intel and telecommunications service Swisscom.
Financial details of the transaction, which is expected to close in the first quarter of this year, have not been disclosed.
Amplidata has developed a software product dubbed Himlaya that enables the scaling of software-defined storage systems by cloud data centres. It announced a partnership with HGST in September 2014 to develop ultra-dense storage software.
The company had raised approximately $43m from investors including Western Digital Capital, the corporate venturing subsidiary of HGST’s parent company Western Digital; Intel Capital, the corporate venturing unit of Intel; and Swisscom’s corporate venturing subsidiary Swisscom Ventures.
Other investors included data protection company Quantum, venture capital firm Endeavour Vision and VC funds Big Bang Ventures and Hummingbird Ventures.
HGST, formerly known as Hitachi Global Storage Technologies, was acquired by Western Digital in March 2012 for $4.8bn in a cash and stock transaction. It now operates as a wholly owned but independent subsidiary.