The acquisition gives HP leverage to better compete in the enterorise NAS market with industry leader EMC.
Specifically, the PolyServe software will let HP extend its NAS technology to blade systems, the fastest growing segment of the storage market.
The acquisition also lets HP offer customers a powerful consolidation platform – including energy saving blades – for databases that require high performance and resilience.
PolyServe has been an HP business partner for two years. HP has sold the PolyServe software with its ProLiant servers and its portfolio of storage arrays to consolidate and virtualise NAS in Linux and Windows environments.
The PolyServe software lets information from file or database servers be consolidated into a shared pool of scalable storage.
Founded in 1999, PolyServe is based in Oregon with 117 employees and boasts about 500 customers from industries including finance, energy and technology.
The companies did not reveal the financial terms of the acquisition. PolyServe was founded on venture capital funding. It’s fourth-round funding of US$20 million brought its total VC funding to about $70 million since it was set up.
“Our two-year relationship with PolyServe has convinced us that its technology will help accelerate HP’s growth and complement our HP StorageWorks, ProLiant and BladeSystem businesses,” HP senior vice-president Bob Schultz said in a statement.
“The combination of PolyServe software and industry-standard HP hardware can help customers consolidate individual silos of storage, reduce complexity in their IT infrastructures, increase agility and lower IT costs,” he said.
The transaction is expected to be completed within 60 days and will be consolidated into the StorageWorks division of HP’s Technology Solutions Group.
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