Western Digital (WDC) and Ingrasys, a subsidiary of Foxconn Technology Group, announced a strategic collaboration to deliver a new top-of-rack switch with embedded storage. This new TOR Ethernet Bunch of Flash will provide distributed storage at the network edge for lower latency storage access, reducing the need for separate storage networks and avoiding trips to centralized storage arrays. In this joint effort, Ingrasys will manufacture the high-density TOR EBOF, leveraging Western Digital’s RapidFlex NVMe-oF bridge technology. Western Digital will collaborate with Ingrasys on the architecture and lead the go-to-market efforts to promote NVMe-oF disaggregated storage solutions for cloud service providers and storage OEMs.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WDC:
- Western Digital’s Strategic Buyback Signals Strong Market Confidence and Growth Potential
- Western Digital announces $2B share repurchase program
- Western Digital Appoints Kris Sennesael as New CFO
- Western Digital names Kris Sennesael as CFO
- Western Digital price target lowered to $65 from $88 at Argus