#WesternDigital says it is acquiring #Tegile, a specialist in fast "flash" storage systems. Terms of the deal were not disclosed. Flash storage systems incorporate solid-state storage, which is faster but can be more delicate than the disk storage that dominated in most companies' data centers up until recently. Flash storage is also more pricey than disk drives although that cost has been falling. Tegile's move comes three months after [f500link] #HewlettPackardEnterprise ( #HPE , +0.73%) paid $1 billion to acquire #NimbleStorage, another flash storage seller and rival to Tegile and #PureStorage (PSTG, +3.02%), among others. Interestingly, HPE's former chief technology officer Martin Fink, who had retired from that company in 2016, came out of retirement early this year to become CTO of Western Digital. SMARTPHONES It’s Google Vs. Apple in the Race for AR Integrated Smartphones San Jose-based Western Digital (WDC, -0.54%) has been a Tegile investor for a few years, and led a Series E funding round of $33 million in April. Overall, Tegile, Newark, Calif., had taken in about $175 million in venture funding since it was founded in 2009.
http://fortune.com/2017/08/29/western-digital-tegile/
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