Intel Force cloud Storage Acquisition Amplidata

At last week's GIGAOM structure conference in San Francisco, there were rumours that Amplidata was seeking more investment and rumors that it might have been acquired by Intel.

Amplidata's flagship product is an object-storage product amplistor, an integral part of a lattus solution that is produced by Kun Teng OEM as its operation stornext multi-tier file virtualization software. Lattus is used to store relatively cold data, and is a choice other than tape.

Kunta participated in Amplidata's latest D-round investment, during which amplidata his executive chairman Mik Wall promoted to the CEO of the company. The original CEO, who was also co-founder of the company, Wim De Wess Al was retired as CTO of the company.

The following is Amplidata's financing history (sorted by time from near to far):

September 2012 D-round financing, from Endeavour and Intel investment, Swiss Telecom investment, Hummingbird Investment, and vision investment.

February 2012 C Round financing, amounting to 8 million U.S. dollars, from the Big Bang Investment, Endeavour Vision Investment, Intel investment and Swiss telecom investment.

September 2010 B Round financing, the amount of USD 6 million.

May 2010 A round of financing, the amount of 2.5 million dollars, from the Big Bang investment.

2008, Amplidata Company was established, according to our understanding, start-up funds for 2.5 million of dollars.

So the company's total financing amounted to 25 million dollars.

As far as we know, the two rounds of investment in 2012 are a little odd. After a general round of financing, it will take a year or more for a second round of financing, except in exceptional circumstances. For example, a sudden acceleration of corporate expansion, the need for large amounts of cash to establish a sales or operating network architecture.

From a risk company's point of view, investing 8 million of dollars in a software company is relatively modest. However, in February 2012, Amplidata had received 8 million dollars in investment, and about 8 months later, it received a further 6 million dollars in investment, and both Intel and the Swiss Telecom had participated in both rounds of investment.

We also note that Amplidata's CEO, Mik Wall, was originally the general manager of the Intel Storage department.

Rumor has it that amplidata burning money too fast, sales revenue can not meet the consumption of cash reserves, so they have to do another financing. It is also said that Amplidata commissioned a company specializing in mergers and acquisitions and related Financial issues of third-party companies to agent sales business.

Under normal circumstances, if a start-up is to be acquired, investors will receive 4 times or 5 times times the payment. In this way, the company's price may be between 98 million dollars to 102.5 million dollars. A potential problem is that rival Cleversafe is suing Amplidata, claiming that it claims to be a patent infringement of the deletion code, which is a blow to Amplidata.

There are rumors that the storage software and hardware maker may have bought Amplidata. The annual yield was $588 million trillion, and in the 2007 fiscal year, its earnings amounted to $1 billion, the highest record ever. In the past 5 quarters and 5 fiscal years in the past 7, it has been losing money. I think it's time to buy it, unless it has a cheaper new technology in the 5 million to 10 million area.

And how did the rumors of Intel's takeover of Amplidata come out? The following is a rumor-ridden basis, and Intel's interest should be in the field of large scale computing. Focus on Intel's performance at the next-generation object summit. At the conference, Intel Storage department spokesman Ron Eng Coup discussed Intel's investment in object storage and Intel's requirements for application servers, file system metadata servers, and distributed storage servers.

Intel and Amplidata also performed at the IDF-2012 conference, when Quentin demonstrated a persistent object storage (LOS) product with 37 x86 nodes and Amplidata Bitspread software to prove the persistence of its object storage. So Amplidata and Quentin were involved in a rumor that they were supposed to develop an Intel based architecture for the Los System.

It is thought that Intel may acquire Amplidata and open its software as part of its product, and that the final product will be based on Intel's CPU, which can be used for high-performance computing, large data and cloud computing environments.

We asked the amplidata for this, Mik Wall replied: "The company is in good shape, working well with several large companies on the OEM licensing of systems and cloud services." I've heard rumors myself for a long time. If the amplidata is developing well in the market, that would be great. Even if these rumors have some real ingredients, I am not fit to comment.