HGST (@HGSTstorage) helps organizations harness the power of data. Our smarter storage solutions power the markets and companies that shape our lives - enabling possibilities for the cloud, enterprise and sophisticated infrastructures everywhere. HGST is a wholly owned and independently operated subsidiary of Western Digital Corporation (NASDAQ: WDC). Learn more at www.hgst.com. #LongLiveData
Founded in 2008, Amplidata offers object-based software defined storage for enterprises, service providers and OEMs. Patented BitSpread®, BitDynamics®, and GeoSpread technologies allow organizations to deploy a storage solution that delivers enterprise cloud-scale economics with the performance, security and flexibility required for on-prem data centers including unbreakable durability at greater than 15 nines and non-disruptive zettabyte scalability. Named a “Cool Storage Company” in 2012, Amplidata is privately funded, and its shareholders include Western Digital Capital, Intel Capital, Quantum, Endeavour Vision, Hummingbird Ventures, and Swisscom Ventures. The company’s US headquarters is in Milpitas, California with European headquarters in Ghent, Belgium. Sales and support are worldwide. To learn more, visit http://www.amplidata.com.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements concerning benefits expected from the Amplidata acquisition and management’s anticipated plans and strategies for the Amplidata business. These forward-looking statements are based on management’s current expectations and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, including the possibility that the expected benefits of the transaction may not materialize as expected; failure to successfully integrate the products, technology, research and development capabilities, infrastructure and employees of HGST and Amplidata; volatility in global economic conditions; business conditions and growth in the storage ecosystem; pricing trends and fluctuations in average selling prices; the availability and cost of commodity materials and specialized product components; unexpected advances in competing technologies; the development and introduction of products based on new technologies and expansion into new data storage markets; actions by competitors; and other risks and uncertainties listed in Western Digital’s filings with the Securities and Exchange Commission (the “SEC”), including Western Digital’s recent Form 10-Q filed with the SEC on Feb. 10, 2015. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and neither Western Digital nor Amplidata undertakes any obligation to update these forward-looking statements to reflect subsequent events or circumstances.
Western Digital, WD, and the WD logos are registered trademarks in the U.S. and other countries. HGST trademarks are intended and authorized for use only in countries and jurisdictions in which HGST has obtained the rights to use, market and advertise the brand. Other marks may be mentioned herein that belong to other companies.