NetApp is planning to acquire Bycast, a storage virtualization vendor, in an attempt to improve its object-based storage capabilities.
"Object-based storage is a new and emerging approach to storing and accessing data based on object names and rich metadata that describes the content in greater detail, which simplifies the task of large-scale object storage while improving the ability to quickly search and locate data objects," NetApp said in an announcement of the acquisition Wednesday.
NetApp has a definitive agreement to acquire the company in an all-cash deal expected to be completed next month. The amount of the acquisition was not disclosed. Bycast is a 10-year-old private company which is based in Vancouver and has more than 250 customers.
To learn more and to read the entire article at its source, please refer to the following page, NetApp to purchase storage virtualization vendor Bycast - NetworkWorld.com
Sponsored Link: http://www.unitrends.com/free-backup/?src=dabcc