
Reading Time: 3 minutesViolin Systems has announced it has signed a Letter of Intent with X-IO Technologies to acquire X-IO Storage, the division of X-IO Technologies that developed the popular Intelligent Storage Element (ISE) flash and hybrid storage array product lines. Financial terms were not disclosed but the transaction is executed to be completed within 30 days. This announce cames after few days the announce of the new Violing product XVS 8, confirming that the company is not only reborn, but is tring to get also back to the storage market.