July 23, 2009
-- LSI bolstered its portfolio of storage systems today with the news that it has inked a deal to buy NAS-maker ONStor for $25 million in cash.
ONStor, a privately held, Campbell, Calif.-based company, builds clustered network-attached storage (NAS
) systems designed to store and manage unstructured data. ONStor's products include NAS gateways and systems and unified storage systems sold through the channel and OEM partners
ONStor recently broke its own product mold when it announced the Pantera LS 2100
, a unified storage system based on open-source software and the Zettabyte File System (ZFS).
The LS 2100 series is a family of unified IP storage systems that provide both iSCSI and NAS support in a single box. Targeting SMBs – a first for ONStor – the Pantera LS 2100 family also includes a variety of built-in data and storage management tools based on the OpenSolaris operating system and ZFS.
ONStor also sells the Bobcat and Cougar families of clustered NAS gateways.
"The rapid growth of unstructured data is creating significant challenges for enterprises in provisioning, protecting and managing their storage in an efficient and cost-effective manner," said Abhi Talwalkar, LSI president and CEO, in a press release issued earlier today. "With the addition of ONStor products and technology, LSI will be well positioned to offer a comprehensive set of storage solutions to help enterprise customers effectively manage both their unstructured and structured data with ease."
LSI's current product lineup
includes a range of storage technologies from custom silicon ASICs to HBAs and its Engenio storage systems.
The transaction is expected to close within thirty days and is subject to satisfaction of customary closing conditions. LSI expects to provide further details on July 29 when it reports second quarter results.EMC-Data Domain update
In other acquisition news, EMC announced this morning that it has successfully completed its tender offer
for all outstanding shares of common stock of Data Domain.
EMC now controls approximately 94.2% of Data Domain shares outstanding and expects to effect a second-step merger and complete its acquisition of Data Domain