This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Xyratex Advances Lustre® Initiative, Assumes Ownership Of Related Assets

HAVANT, United Kingdom, Feb. 19, 2013 /PRNewswire/ -- Xyratex Ltd (Nasdaq: XRTX), a leading provider of data storage technology, today announced it plans to advance the global Lustre ® portfolio by supporting the community-oriented development of Lustre as an open source file system and continuing to work in conjunction with the broader community to help chart the best path forward for this key technology. Xyratex has recently acquired the original Lustre trademark, logo, website and associated intellectual property from Oracle, and will assume responsibility for providing support to Lustre customers going forward.

"Lustre is a powerful open source file system, and Xyratex strongly believes that all members of the Lustre community need to continue to play a part in the evolution of the code and the benefits it delivers over the long term," said Steve Barber, CEO of Xyratex. "We want to ensure that current Lustre customers get the best possible feature roadmap and support, and we intend to engage the entire community to advance the Lustre technology. We also appreciate Oracle's support of Lustre, and their efforts to ensure the long-term success of the technology."

The Lustre file system, which was first released in 2003, is a client/server based, distributed architecture designed for large-scale compute and I/O-intensive, performance-sensitive applications. The Lustre architecture currently powers six of the top 10 high-performance computing (HPC) clusters in the world and more than 60 of the 100-largest HPC installations. It has emerged as a particularly popular choice in the meteorology, simulation, oil and gas, life science, rich media and finance sectors.

This purchase also gives Xyratex the opportunity to continue to leverage Lustre and provide more value through its best-of-breed ClusterStor™ family of scale-out HPC data storage solutions. ClusterStor delivers a new standard in file system performance, scalability and efficiency, and brings together what were previously discrete server, network and storage platforms with their own separate software layers. The results are integrated, modular, scale-out storage building blocks that enable systems to scale both performance and capacity while aggressively reducing space, power and administrative overhead.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,757.91 +138.40 0.79%
S&P 500 2,077.42 +14.31 0.69%
NASDAQ 5,013.1230 +26.2560 0.53%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs