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4-Traders Homepage  >  Equities  >  Nyse  >  Western Digital Corp.    

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Western Digital Corp. : HGST Demonstrates Industry's First 12Gb/S SAS SSD

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05/01/2012 | 09:05am CEST

Doubling Today's Serial Attached SCSI (SAS) Speed, 12Gb/s SAS SSDs and HDDs will be the Drives of Choice for Future Generations of High-Performance Enterprise Servers and Storage Solutions;

HGST is Participating in the SCSI Trade Association Technology Showcase on May 9, 2012

HGST (formerly Hitachi Global Storage Technologies and now a Western Digital company, NYSE:WDC) today announced the storage industry's first technology demonstration of a 12 gigabit per second (12Gb/s) SAS solid state drive (SSD), representing the next performance step in the evolution of SAS, the preferred interface technology for enterprise servers and storage solutions. HGST is participating in the 12Gb/s SAS demonstration at the SCSI Trade Association Technology Showcase on May 9, 2012, at the Hyatt Hotel in Santa Clara, Calif.

SAS SSDs and hard disk drives (HDDs), with their rich SCSI heritage, continue to be the building blocks of choice for enterprise and cloud storage. Enabling next-generation storage solutions, 12Gb/s SAS is a broadly supported industry standard as it delivers twice the throughput compared to today's 6Gb/s SAS solutions, while maintaining established enterprise protocols and attributes. It is also backward compatible with 6Gb/s SAS for investment protection in current SAS infrastructures.

One of the enterprise features of today's SAS drives is a second interface port that provides additional bandwidth to the drive. With 12Gb/s SAS on each of these ports, the drive can transmit and receive data at a rate of 12Gb/s, resulting in a total available interface bandwidth of 4.8GB/s per drive. With this speed, enterprise and cloud datacenters will be able to reduce latency by harnessing the ultra-high performance of SSDs or by improving the performance of large-scale HDD infrastructures.

"We have successfully achieved interoperability between our 12Gb/s SAS drive and 12Gb/s SAS HBAs and expanders from both LSI and PMC-Sierra," said Brendan Collins, vice president of product marketing, HGST. "Meeting these interoperability milestones is critical when preparing the industry for the adoption of a new interface standard. We will continue to promote broad industry support for 12Gb/s SAS, including our sponsorship and participation in the SCSI Trade Association Technology Showcase on May 9."

"Since the inception of SAS, LSI has delivered an industry-leading portfolio of SAS-based products," said Bill Wuertz, senior vice president and general manager, RAID Storage Division, LSI Corporation. "As the preferred enterprise interface of the future, 12Gb/s SAS will be essential to unleashing the full performance potential of SSD storage solutions to help datacenters and cloud environments contend with massive data growth and accelerate application performance. With our ongoing validation processes and compatibility testing with HGST, we are paving the way for a smooth industry transition and market adoption of 12Gb/s SAS solutions by 2013."

"PMC's 12Gb/s SAS protocol controllers, RAID-on-Chip (RoC) controllers and expanders enable breakthrough performance and scalability for next-generation server and networked storage systems," said Derek Dicker, vice president of marketing for PMC's Enterprise Storage Division. "We have been working closely with HGST on interoperability testing, and the high-performance benefits of our 12Gb/s SAS solutions, coupled with HGST's 12Gb/s SAS drives, will enable a new generation of cutting-edge, scalable tiered storage for corporate and cloud datacenters."

SCSI Trade Association Technology Showcase Event "Taming the Data Beast"

As the datacenter continues to explode with increasing storage complexities, cutting-edge SAS technology solutions are taking on the challenge of "Taming the Data Beast." SAS solutions can be seen in action at this year's SCSI Trade Association (STA) (http://www.scsita.org) Technology Showcase. Reservations can be made now for this free event at: http://www.scsita.org/sas-showcase-2012.html.

What:   SCSI Trade Association Technology Showcase: Taming the Data Beast!
When: Wednesday, May 9, 6:30 - 9:30 p.m. PT
Where: Santa Clara Hyatt, 5101 Great America Parkway, Santa Clara, CA 95054

About HGST

HGST (formerly known as Hitachi Global Storage Technologies or Hitachi GST), a Western Digital company, develops advanced hard disk drives, enterprise-class solid state drives, innovative external storage solutions and services used to store, preserve and manage the world's most valued data. Founded by the pioneers of hard drives, HGST provides high-value storage for a broad range of market segments, including Enterprise, Desktop, Mobile Computing, Consumer Electronics and Personal Storage. HGST was established in 2003 and maintains its U.S. headquarters in San Jose, California. For more information, please visit the company's website at http://www.hgst.com.

One GB is equal to one billion bytes, and one TB equals 1,000 GB (one trillion bytes). Actual capacity will vary depending on operating environment and formatting.

Western Digital, WD, and the WD logo are registered trademarks of Western Digital Technologies, Inc. All other trademarks are properties of their respective owners.

HGST
Erin Hartin, 303-284-7790 (Office)
Erin.Hartin@HGST.com
or
Voce Communications
Katie Watson, 408-439-2002 (Cell)
kwatson@vocecomm.com


© Business Wire 2012
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Financials ($)
Sales 2016 12 918 M
EBIT 2016 1 509 M
Net income 2016 701 M
Debt 2016 5 212 M
Yield 2016 3,53%
P/E ratio 2016 18,23
P/E ratio 2017 17,90
EV / Sales 2016 1,37x
EV / Sales 2017 1,09x
Capitalization 12 451 M
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Mean consensus OUTPERFORM
Number of Analysts 32
Average target price 59,1 $
Spread / Average Target 11%
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Stephen D. Milligan Chief Executive Officer & Director
Michael D. Cordano President & Chief Operating Officer
Matthew E. Massengill Chairman
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Steven Glenn Campbell Chief Technology Officer & Executive VP
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