Data storage devices company Fusion-io, Inc. (FIO) said Monday that it acquired ID7, a UK-based storage technology company specializing in the development of storage software solutions across all types of interfaces including iSCSI, Fibre Channel and InfiniBand. Also, the ID7 engineering team is the primary developer of the SCST storage subsystem. The company has been with Fusion-io on software development for the ION Data Accelerator software that transforms industry standard servers into shared storage appliances.
Commenting on the development, David Flynn, Fusion-io CEO and Chairman said, "Software defined storage platforms are key to delivering peak performance and efficiency in today's data centers...ID7 has provided valuable contributions to the industry, making us excited to welcome them to our ION Data Accelerator team as we continue to grow our business with the expertise of many of the world's most innovative engineers."
As a result of the acquisition, The ID7 team, including the primary SCST developers, is expected to join Fusion-io. The teams are further expected to continue to collaborate with Fusion-io engineering from their current locations across Europe and the United States.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.