|
Monday, 10 November 2008 00:00 |
HP has signed a definitive agreement to acquire LeftHand Networks.
LeftHand Networks' solutions enable midsize companies and remote offices or branches of large corporations to easily and cost-effectively protect critical business data. HP has agreed to purchase LeftHand Networks for $360 million in cash, subject to certain purchase price adjustments.
A pioneer of iSCSI SAN technology, LeftHand Networks delivers scalable storage software on industry-standard hardware that supports existing technology environments. LeftHand Networks' portfolio extends HP virtualisation solutions to the midmarket with software that runs on both existing storage and industry-standard server hardware, reducing training time and overall complexity. As a result, companies can move to a SAN for significantly lower cost, manage their data more easily, and scale their storage infrastructures incrementally as their businesses grow.
|
