Western Digital Accelerates Leadership in Next-Generation Data Center Architectures With Acquisition of Kazan Networks

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Summary

Kazan Networks offers the industry’s highest performing and most power efficient NVMe-oF bridge solutions to seamlessly connect and share JBOFs and other data center resources over fabric. “The addition of Kazan Networks will further expand Western Digital’s leadership in disaggregated data infrastructure and accelerate the advancement of new, CDI-ready NVMe-oF platforms optimized for our customers’ next-generation hyperscale workloads. Western Digital has taken an active role in helping to advance CDI and NVMe fabric-based technologies, with multiple related strategic investments and ecosystem partnerships, purpose-built technology innovations, support of open standards, and its OpenFlex platform and portfolio – which includes the industry’s fastest NVMe-oF open composable storage platform. The company is driving the innovation needed to help customers capture, preserve, access and transform an ever-increasing diversity of data. Key risks and uncertainties include volatility in global economic conditions; business conditions and growth in the storage ecosystem; impact of competitive products and pricing; actions by competitors; unexpected advances in competing technologies; our development and introduction of products based on new technologies and expansion into new data storage markets; difficulties or delays in manufacturing; and other risks and uncertainties listed in the company’s filings with the Securities and Exchange Commission (the “SEC”) and available on the SEC’s website at www.sec.gov, including our most recently filed periodic report, to which your attention is directed.

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