Samsung koopt Nvelo

Samsung acquires storage software company Nvelo

Samsung Electronics has acquired privately held Nvelo, a US-based storage software company. The integration of Nvelo's storage technology into Samsung's SSD technologies is expected to give Samsung customers access to a diversified portfolio of NAND storage services suitable for a broad range of computing platforms. The acquisition involves all technology and personnel under Nvelo. Financial details related to the acquisition have not been disclosed.