Rubrik IPO to Raise Up to $713M What Investors Need to Know Rubrik, a leading data protection and management solutions provider, has recently announced its plans for an initial public offering (IPO). According to reports, the company is aiming to raise up to $713 million in the offering. In this article, we will delve into the details of Rubrik’s IPO, its potential impact on the market, and what investors need to know....

Rubrik’s IPO on the Horizon Again: What to Expect What Investors Need to Know Introduction: Rubrik, a leading data protection and management solutions provider, is reportedly gearing up for an initial public offering (IPO) in 2024. This news comes after the company’s impressive growth and significant investments in recent years. In this article, we’ll delve into Rubrik’s business model, financial performance, and market potential, providing investors with valuable insights before the IPO....

Samsung Planning 430-Layer NAND Production in 2025 A Game-Changer in Memory Technology Introduction: Samsung Electronics, the world’s leading memory chip maker, is reportedly planning to mass-produce 430-layer NAND memory chips by 2025. This new development is expected to revolutionize the memory industry with its increased storage capacity and efficiency. Body: Samsung’s 430-Layer NAND: A New Milestone in Memory Technology Samsung’s latest move to produce 430-layer NAND memory chips marks a significant milestone in the memory industry....

Seagate Sells More High-Cap Drives: Climbing Out of Disk Slump Record Sales of High-Capacity Drives Amidst Disks Slump Introduction: Seagate Technology, a leading data storage provider, reported a significant surge in sales of high-capacity drives, marking a turnaround in the company’s fortunes. This trend comes amidst a slump in the disk drive market, which has been grappling with declining demand and oversupply issues. Market Context: The disk drive market has been facing headwinds due to several factors....

Seagate, Tuxera, and Western Digital Join NABED Initiative Navigating Data Storage Solutions Amidst NAB 2024 Introduction: The National Association of Broadcasters (NAB) Show is a premier annual event for media, entertainment, and technology professionals. In 2024, several key players in the data storage industry, including Seagate, Tuxera, and Western Digital, showcased their latest innovations. This article explores the announcements made by these companies at NAB 2024 and their implications for the data storage market....

SK Hynix Q1 2024 Results: Key Insights An In-depth Analysis Introduction: SK Hynix, a leading global semiconductor company, has recently announced its earnings report for the first quarter of 2024. This report provides insights into the company’s financial performance and business outlook. In this article, we will delve into the key highlights of SK Hynix’s Q1 2024 earnings report. Financial Performance: SK Hynix reported consolidated revenue of $11.5 billion for Q1 2024, representing a 12% increase compared to the previous quarter....

Spectra Logic Updates: Latest News and Product Announcements New Features and Enhancements Spectra Logic, a leading provider of data protection solutions, has recently announced several upgrades to its product line. These updates aim to enhance data management capabilities, improve performance, and provide better integration with cloud services. In this article, we will discuss the key features and benefits of these upgrades. Spectra Logic BlackPearl Converged Storage System The BlackPearl Converged Storage System has received significant updates, including:...

Starburst Hires Senior Executives to Scale Up in AI and Hybrid Cloud A renowned expert in distributed computing and data processing, Dr. Schneider joins Starburst as Chief Technology Officer. He previously held leadership roles at Microsoft, Yahoo, and Hortonworks. 2. VP of Engineering - Anand Iyengar: With over 20 years of experience in software development and engineering management, Anand Iyengar will serve as Starburst’s Vice President of Engineering. He was most recently the VP of Engineering at Confluent....

Storage News Ticker - 19 April 2024: Latest Updates New Product Releases and Industry Updates Intro: Welcome to the Storage News Ticker for April 19, 2024. In this weekly roundup, we bring you the latest news and updates from the world of storage technology. From new product releases to industry trends, we’ve got you covered. Dell Unveils New PowerMax F9000 All-Flash Array Dell has announced the release of its new PowerMax F9000 all-flash array....

Storage News Ticker - 25 April 2024: Western Digital, Seagate, NetApp New Product Releases and Industry Updates Introduction: Welcome to the latest edition of the Storage News Ticker, where we bring you the most recent and relevant news from the world of data storage. In this issue, we’ll cover new product releases from major storage vendors, acquisitions and partnerships, and other industry developments. Dell Unveils New PowerProtect DD Series Appliances Dell has announced the release of its new PowerProtect DD Series appliances, which offer up to 600TB of capacity per appliance and support for both tape and disk-based backup....