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Yesterday — 8 May 2026StorageNewsletter

Veeam Ranked the #1 Data Protection Software in Market Share Worldwide for 2H 2025

7 May 2026 at 12:01

Veeam Software, a data and AI trust company, has been ranked #1 for worldwide data protection software market share by IDC in its latest IDC Semiannual Software Tracker, 2025H2.The tracker reports that Veeam captured 13.6% market share in 2025H2, increasing from 13.2% in 2025H1. IDC also reports that Veeam delivered 11.5% sequential growth in 2025H2, outpacing […]

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Cerebras Systems Closes $850 Million Revolving Credit Facility

7 May 2026 at 12:01

Cerebras Systems, makers of one of the fastedy AI infrastructure in the industry, announced the closing of a new five-year syndicated revolving credit facility for up to $850 million.This follows the company’s $1 billion Series G financing closed in September 2025, and an additional $1 billion Series H in January 2026. “We are pleased to […]

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SAP to Acquire Dremio to Unify SAP and Non-SAP Data to Power Agentic AI

7 May 2026 at 12:01

SAP SE and Dremio announced that SAP has agreed to acquire Dremio, an open, high-performance data lakehouse platform built to accelerate agentic AI and expand SAP Business Data Cloud’s ability to combine SAP and non-SAP data to more effectively run analytical and AI workloads in real time.Terms of the deal were not disclosed. The transaction […]

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IREN Announces Acquisition of Mirantis to Strengthen AI Cloud Delivery Capabilities

7 May 2026 at 12:01

IREN Ltd. announced it has signed a definitive agreement to acquire Mirantis, Inc., a provider of cloud infrastructure, Kubernetes-based orchestration and enterprise support services.The acquisition of Mirantis builds on IREN’s existing software, engineering and customer support capabilities, enhancing how compute is deployed, managed and operated for customers. IREN is delivering AI Cloud services at scale […]

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Rambus Introduces PCIe 7.0 Switch IP with Time Division Multiplexing for Scalable AI and Data Center Infrastructure

7 May 2026 at 12:00

Summary: Supports bandwidth scaling, low latency, and efficient data movement for AI, cloud, and HPC systems Increases link utilization through intelligent traffic multiplexing, enabling simpler architectures and scalable disaggregated and pooled compute designs Extends the industry-leading Rambus PCIe IP portfolio which spans switches, controllers, retimers, and debug solutions to support next‑generation AI infrastructure Rambus Inc., […]

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Astera Labs Extends Leadership in Open, AI Scale-Up Networking with New 320 Lane Scorpio X-Series Smart Fabric Switch

7 May 2026 at 12:00

Summary: Largest open, memory-semantic fabric switch: The Scorpio X-Series 320 Lane AI fabric switch, shipping today, supports increased scale-up cluster sizes with low latency Intelligent AI fabric with In-Network Compute to maximize token economics: Hardware-accelerated Hypercast and In-Network Compute engines boost collective operations by up to 2x [1], to improve time to first token and […]

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Open Source Tamper-Proof Database Adds Immutable Audit Logging and Expands PostgreSQL Compatibility

7 May 2026 at 12:00

Codenotary, player in software supply chain protection, announced the release of immudb 1.11, a major update to its open source database that adds immutable audit logging and expands PostgreSQL compatibility.The only immutable enterprise-scale database with cryptographic verification, immudb  ensures data cannot be secretly changed or deleted.  “The new immudb focuses on a problem many organizations […]

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Box Launches Box Automate to Orchestrate Agentic Workflows

7 May 2026 at 12:00

Box, Inc., an intelligent content management platform, announced the general availability of Box Automate, a workflow automation solution centered around content and built to accelerate business outcomes across the enterprise with AI.Box Automate dynamically routes work across people, Box Agents, and enterprise systems, driving end-to-end automation to replace fragmented workstreams and unlock enterprise productivity at […]

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Otava Appoints Donnie Gerault as CEO

7 May 2026 at 12:00

Otava, a player in secure and compliant multi-cloud solutions, announced that Donnie Gerault has been appointed as president and CEO. Gerault brings more than two decades of proven leadership, with deep expertise in the managed cloud services industry. He has successfully led multiple tech companies as CEO and most recently served as a senior executive […]

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Scality appoints former Inlayer CEO Greg DiFraia as Senior Vice President of AI Alliances and Partnerships

7 May 2026 at 12:00

Scality, a player in cyber-resilient storage software for the AI era, announced the appointment of Greg DiFraia, former CEO of Inlayer, as SVP of AI alliances and partnerships. In this role, DiFraia will lead Scality’s global AI ecosystem strategy, driving strategic partnerships and go-to-market initiatives to accelerate enterprise AI adoption. DiFraia brings over two decades […]

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Before yesterdayStorageNewsletter

Sandisk: Fiscal 3Q26 Financial Results

6 May 2026 at 12:01

Summary: Third quarter revenue was $5.95 billion, up 97% sequentially and above the guidance range, with GAAP net income reported at $3,615 million ($23.03 diluted net income per share) Revenue outperformance was driven by both our mix shift toward higher-value customers, with Datacenter up 233%, and higher pricing, third quarter Non-GAAP diluted net income per […]

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Data Storage: Fiscal FY25 Financial Results

6 May 2026 at 12:01

Summary: Completed $40 million CloudFirst divestiture, generating approximately $31.6 million in net proceeds and a $20.1 million net gain on discontinued operations Returned $29.3 million to shareholders through a tender offer at $5.20 per share, reducing shares outstanding by approximately 72% of the total shares outstanding as of December 8, 2025 Delivered record net income of […]

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Panthalassa Raises $140 Million to Power AI at Sea

6 May 2026 at 12:01

Panthalassa, a renewable energy and ocean technology company, announced $140 million in Series B financing led by Peter Thiel, with participation from new investors John Doerr, Marc Benioff’s TIME Ventures, Max Levchin’s SciFi Ventures, Susquehanna Sustainable Investments, Hanwha Asset Management (USA)’s venture fund, Anthony Pratt, Fortescue Ventures, Future Positive, WTI, Nimble Partners, Super Micro Computer, […]

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McClure Taps Peer Software to Transform Multi-Office Storage Infrastructure for High Performance Collaboration

6 May 2026 at 12:01

Peer Software announced that McClure, a multidisciplinary engineering firm serving public‑ and private‑sector clients nationwide, has deployed Peer Global File Service (PeerGFS) to enhance its distributed storage infrastructure.With PeerGFS in place, McClure’s growing multi‑office organization now benefits from reliable, high‑performance access to large design files, enabling faster collaboration and improved productivity across its engineering teams. McClure […]

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OCP EMEA Summit 2026: Castrol ON Advances Liquid Cooling Strategy with OCP Inspired Portfolio

6 May 2026 at 12:00

Castrol ON announced that its PG 25 Direct Liquid Cooling fluid has been recognized under the Open Compute Project Foundation (OCP) OCP Inspired program.Two additional products, DC 15 and DC 20 immersion cooling fluids, are expected to follow. All three will be made available in the OCP Marketplace, which provides users with easy accessibility to premier […]

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Litmus Introduces Data Catalog in Private Preview to Expand Foundation for Industrial AI

6 May 2026 at 12:00

Litmus announced the private preview of Litmus Data Catalog, a new product designed to help manufacturers gain visibility into industrial data assets and apply governance across systems, sites, and teams.As industrial organizations expand investments in automation, cloud, and AI, a persistent challenge remains: teams lack visibility into how data is defined, structured, and used. Dependencies […]

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Icy Dock Introduces EXLink MB409A5 MCIO 8i (SFF-TA-1016) to PCIe 5.0 x8 Adapter with Redriver

6 May 2026 at 12:00

Icy Dock  launches the EXLink MB409A5 adapter card designed to bridge PCIe Gen5 x8 slots that support lane bifurcation with next-gen MCIO 8i (SFF-TA-1016) connectivity, delivering up to 256Gb/s of total bandwidth for high-speed NVMe signal transmission in advanced storage applications. By integrating a PCIe redriver and optimized signal conditioning, the MB409A5 allows system designers […]

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Trilio and Bigstack Announce Partnership to Deliver Advanced Data Protection in the Asia-Pacific Market

6 May 2026 at 12:00

Trilio, a player in cloud-native data protection, and Bigstack, a Taiwanese provider of enterprise cloud infrastructure, announced a strategic partnership to deliver integrated data protection for enterprises deploying modern cloud environments.Through this partnership, Trilio’s backup, recovery, and workload mobility capabilities are integrated with Bigstack’s CubeCOS platform, enabling organizations to deploy resilient private and hybrid cloud […]

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JEDEC Previews LPDDR6 Roadmap Expanding LPDDR into Data Centers and Processing-in-Memory

6 May 2026 at 12:00

JEDEC Solid State Technology Association, the global leader in the development of standards for the microelectronics industry, previewed a set of new features planned for incorporation into the next version of its JESD209‑6 LPDDR6 standard.Building on the foundational JESD209‑6 published in July 2025, JEDEC’s JC‑42.6 Subcommittee has been working to enhance the next version of […]

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