Tag: Data Storage

Storing up on knowledge: An expert Q&A panel on Israel’s data storage success

Storing up on knowledge: An expert Q&A panel on Israel’s data storage success

Nov 12, 2015 | ,

As technology advances, data size increases, maintaining endless buyer demand for scalable digital storage. Over the years, Israel has carved its place as the hub for leading storage solution developers and a dominant force behind much of the exit and acquisition activity in this industry. Major cloud players like Amazon, Google, Microsoft, and Facebook are continuously researching and working on data storage innovations to facilitate and lead major industry trends. Many of these conglomerates are looking to the Israeli storage ecosystem in order to stay ahead in the new frontiers of the storage space. In this Q&A panel discussion, OurCrowd hosted a meeting of prominent minds from both the local scene and global ecosystem; the group below explores why storage is a challenging industry, what makes Israel a powerful player, and how the biggest acquisition in the industry offers clues into the future. Introducing the Panelists: Aaron Mankovski, Managing General Partner, Pitango. Previously Aaron founded and was a Managing General Partner of Eucalyptus Ventures. Prior to founding Eucalyptus, he served as Corporate Vice President of Orbotech Ltd. In addition, Aaron served...

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From File Cabinets to the Cloud: The Evolution of Data Storage Tech

From File Cabinets to the Cloud: The Evolution of Data Storage Tech

Oct 21, 2015 | ,

It is quite conventional to say that we are currently living in the information age, a unique period in history characterized by the shift from traditional industry to information-based industries. The term information age is a product of the advances and changes in computer technologies, which allowed for the gathering and almost instantaneous transmission of vast amounts of information widely available worldwide. One problem resulting from these developments is limited storage space, whether physical or digital. As technology advanced, data size increased, creating an endless demand for a place to store the plethora of information. But, where? And at what capacity? A Brief History of Data Storage Skipping past prehistoric and ancient storage ‘solutions’ (cave paintings, engravings on stone tablets), paper was the longest acceptable and primary means of data storage. In the hundreds of years that followed the introduction of paper to the West, not much has changed in terms of data storage devices. The oldest known ‘modern’ form of information recording appeared only 200 years before computers existed – the punch card. Developed in the early 18th...

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Israeli Exits through the Years: The Data Storage Industry

Israeli Exits through the Years: The Data Storage Industry

Oct 18, 2015 | ,

Not for nothing is Israel the #2 startup ecosystem in the world — it has more high-tech startups and a larger venture capital industry per capita than any other country. Over the past few years, Israeli M&A has been (and still is!) on fire with a lot of excitement and hype around several multi-million dollar deals. The interest of international tech giants in Israeli startups is nothing new, and as we know, one of the major strategies for Israeli startups is to transform into appealing acquisitions for large entities knocking on its door. Some of the top high-tech M&As in Israeli history have come straight out of the data storage industry. These companies working on developing various storage solutions (from software to hardware, and in between) typically exit in the mid-hundreds of millions of dollars range. Here’s an up-to-date look at the Israeli M&As in the data storage industry over the years: UPDATE: Storage giant Western Digital just announced (Oct. 21st, 2015) that it has agreed to buy SanDisk Corp for about $19 billion, marking yet another exit for Israel’s data storage sector! A look to the (near)...

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