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HP to buy storage software vendor PolyServe

HP to buy storage software vendor PolyServe

HP is acquiring PolyServe, a storage software company, for an undisclosed sum

HP is acquiring a storage software company that the company claims will give it important leverage in the enterprise-class network-attached storage (NAS) market.

HP has signed a definitive agreement to acquire Oregon-based PolyServe, but has not disclosed the terms of the transaction. PolyServe has 117 employees.

With PolyServe's software, information from file or database servers could be consolidated into a single, shared pool of storage that was highly available and could be expanded to match business demands, HP said in a news release.

PolyServe, founded in 1999, has been an HP partner for the last two years. Its software can run on HP's storage arrays and Proliant servers in Linux and Microsoft Windows environments. The acquisition also means HP can run PolyServe software on NAS blade servers. Blades are the fastest growing segment of the server industry.

HP placed second to EMC in storage hardware revenue in the third quarter of 2006, according to a report from IDC.

HP held 17.6 per cent of the worldwide market in the third quarter with sales of $US760 million, while EMC lead with a 21.4 per cent share on revenue of $927 million.


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