Seven months ago, Steve Luczo (CEO) stated that “there is no one that is using SSDs for storage.” This statement still haunts Seagate Technologies, LLC to this date, even though it was out of context. “I mean, maybe at the margin for replacing boot drives… I mean, maybe one or three per cent of the hierarchy is SSDs for storage. Most of our flash product is actually not hanging off the storage bus, it is fast memory.” As it usually goes, the dismissive statements come at the time when you know that you have a good thing coming down the line, but you need to hold the fort.
Visiontek releases new USB Pocket SSDs
Visiontek released its brand new USB Pocket SSDs today in both 120GB and 240GB versions.
Seagate Buys LSI Flash Business for $450 Million from Avago
So, its starting to get a bit confusing how many times SandForce has changed hands by this point, but the short of it is that they were bought by LSI in 2011 to beef up the company’s flash business, and then LSI as a whole was purchased by Avago last year which included the SandForce division. And now, Avago, a company mostly known for their components (not necessarily entire products) has sold the solid state flash business of LSI to Seagate to the tune of $450 million. This includes both LSI’s own line of PCIe based SSDs as well as their SSD controller business which produces