DataDirect Networks, aprovider of storage networking appliances, has announced a partnership agreement with PART'COM to make the company's Silicon Storage Appliances more readily available to European partners and customers.
The company said PART'COM is one of the premier European investment firms specializing in the sectors of telecommunications, media and Internet with over EUR 520 million under management.
"We believe DataDirect Networks' enabling technologies have a strong market potential in Europe. The combination of maximizing data and applications while simplifying administration can bring strong advantages for competitive companies," said Henri de Lapparent, chairman of the board, PART'COM. "With this agreement PART'COM will facilitate contacts with its funded companies that can benefit from accelerated data and simplified management."
"PART'COM, being the premier institutional investor in Europe in our space, brings strong existing relationships in the marketplace that will dramatically accelerate and expand our existing business in Europe," Alex Bouzari, chief executive officer, DataDirect Networks, said. "Our partnership with PART'COM is tremendous validation of our Silicon Storage Appliance technology and the solid value proposition it brings to a wide range of European businesses."
DataDirect Networks said its technology allows business to accelerate their applications, providing data three times faster than existing Storage Area Networking (SAN) and ten times faster than Network Attached Storage (NAS) technology.