Facebook Storage Supplier Fusion-io Will IPO
Fusion-io filed for an initial public offering today. This storage company powers much of Facebook's data center in Prineville, Oregon, and will soon do the same for the facility under construction in Rutherford County, North Carolina.
Fusion-io filed for an initial public offering today. This storage company powers much of Facebook’s data center in Prineville, Oregon, and will soon do the same for the facility under construction in Rutherford County, North Carolina.
The company uses flash memory to speed up data storage, and this technology accounts for about 80 percent of the hardware running inside Facebook’s data center, according to All Things Digital.
Interestingly, Facebook investor Goldman Sachs is leading the IPO, along with Morgan Stanley, JP Morgan and Credit Suisse.
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