M&A Deal Summary

DDN Acquires Western Digital - IntelliFlash Business

On September 19, 2019, DDN acquired information technology company Western Digital - IntelliFlash Business from Western Digital

Acquisition Highlights
  • This is DDN’s 2nd transaction in the Information Technology sector.
  • This is DDN’s 3rd transaction in the United States.
  • This is DDN’s 3rd transaction in California.

M&A Deal Summary

Date 2019-09-19
Target Western Digital - IntelliFlash Business
Sector Information Technology
Buyer(s) DDN
Sellers(s) Western Digital
Deal Type Divestiture

Target

Western Digital - IntelliFlash Business

San Jose, California, United States
Western Digital Corp. - IntelliFlash Business is a value-add provider of AI and multi-cloud data management solutions.

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Buyer(S) 1

Buyer

DDN

Chatsworth, California, United States

Category Company
Founded 1998
Sector Information Technology
DESCRIPTION

DDN is an AI and data intelligence company that empowers organizations to maximize the value of their data with end-to-end HPC and AI-focused solutions. Its customers range from the largest global enterprises and AI hyperscalers to cutting-edge research centers, all leveraging DDN’s proven data intelligence platform for scalable, secure, and high-performance AI deployments that drive 10x returns. DDN was founded in 1998 and is based in Chatsworth, California.


DEAL STATS #
Overall 3 of 3
Sector: Information Technology M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
State: California M&A 3 of 3
Country: United States M&A 3 of 3
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-06 Nexenta Systems

San Jose, California, United States

Nexenta Systems, Inc. is the original market maker and engages in Software-Defined Storage (SDS) for multi-cloud-focused enterprises and 5G and IoT-driven telcos and SPs; with nearly 3,000 customers, 300 partners, 50 patents, and nearly 2,000 petabytes of storage capacity under management. Nexenta uniquely integrates its platform-agnostic software-only innovation with strong “open source” community collaboration. Nexenta flexibly enables a wide variety of legacy, enterprise, 5G, and IoT-driven telco and next-gen cloud-native apps, on a certified cloud platform, protocol and hardware infrastructures to power the most cost/performant multi-cloud data centers. Nexenta portfolio is 100% software-based that can be used as a “Bare-Metal Hardware Appliance,” as a “Virtual Storage Software Appliance (VSA),” on a virtual machine or container, or as multi-cloud-based “Software as a Service (SAAS).” Nexenta provides enterprises with total freedom and flexibility via its industry-leading multi-cloud software innovation, multi-channel collaboration, distribution, service, and support, globally.

Buy -

Seller(S) 1

SELLER

Western Digital

San Jose, California, United States

Category Company
Founded 1970
Sector Technology Hardware
Employees51,000
Revenue 13.0B USD (2024)
DESCRIPTION
Western Digital's corporate headquarters in Irvine, California.
Western Digital's corporate headquarters in Irvine, California.

Western Digital is a developer and manufacturer of storage products that enable people to create, manage, experience and preserve digital content. The Company designs and makes storage devices, networking equipment and home entertainment products under the WD, HGST and G-Technology brands. Western Digital was formed in 1970 and is based in San Jose, California.


DEAL STATS #
Overall 1 of 2
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 2
State: California M&A 1 of 2
Country: United States M&A 1 of 2
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-10 Kazan Networks

Roseville, California, United States

Kazan Networks Corp. is a provider of NVMe™-over-Fabric (NVMe-oF) ASIC and adapter products for next-generation data center architectures. Kazan Networks Corp. was founded in 2014 and is based in Roseville, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-03 Western Digital - ActiveScale Business

San Jose, California, United States

Western Digital's ActiveScale Business provides scalable cloud Object storage systems to drive a data-forever strategy.

Sell -