Brocade Scoops Up Silverback
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"We are committed to providing customers a broad range and choice of high-performance networked storage solutions," stated Brocade CTO Dan Crain. "Silverback's technology and expertise in iSCSI environments will help us to deliver a new set of cost-effective products that broaden the Brocade product portfolio and provide even more options and capabilities to our customers."
Brocade did not reveal the price of the cash acquisition, which it described as "not material." Silverback has raised more than $50 million in funding.
Brocade global public relations director Leslie Davis said the Silverback acquisition "aligns with the company's strategy to continue to invest in innovative technologies and industry expertise that expands the choice of solutions we offer our customers. Brocade has been clear for several years now that IP-based solutions for networked storage such as iSCSI, FCIP and NAS are part of our vision for the next-generation data center."
Davis said Brocade's IP-based solutions "specifically address storage and data management use cases for the protected computing environment, and are not aimed in Ethernet areas that serve the client-side messaging network. Brocade today has the most comprehensive portfolio of IP-based solutions among SAN infrastructure vendors, and this acquisition is part of our strategy to expand and accelerate delivery of solutions for the SAN market."
Davis was quick to note that Brocade is not abandoning its core business. "Fibre Channel is an important part of our business, and IP-based solutions complement our business strategy of growth and diversification," said Davis.