Samsung Electronics Acquires NVELO for Undisclosed Sum
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=11972c74-48cd-484a-9223-4a0dbb555b7c&Preview=1 -
Date
12/14/2012 -
Company Name
NVELO -
Mailing Address
5201 Great America Parkway Santa Clara, CA 95054 -
Company Description
NVELO, Inc. is a pioneer in innovative storage software, bringing new intelligence into storage subsystems to break the I/O bottleneck in today’s computing systems. Formed as a spin-off company during the acquisition of Denali Software by Cadence Design Systems, NVELO started with world-class engineering and management teams from Denali. R&D on its flagship product “Dataplex”, started within Denali in 2007, and is now in the process of being introduced to the market through Computer OEM’s and SSD vendors. NVELO is a privately held company with headquarters in Santa Clara California. -
Website
http://www.nvelo.com -
Transaction Type
M&A -
Transaction Amount
Undisclosed -
Transaction Round
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Proceeds Purposes
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M&A Terms
Undisclosed
