Hard drives are a dying breed. The unstable, fragile and power consuming beasts that have formed the base of most of our computers and all of our networks for a couple of decades are being replaced. Cisco Systems Inc. (NASDAQ:CSCO) is one of the companies at the forefront of destroying the last bastion of the hard drive, servers. Cisco Systems Inc. (NASDAQ:CSCO) bought Whiptail, a flash storage maker, today. Whiptail’s acquisition by Cisco Systems Inc. (NASDAQ:CSCO) cost $415 million, and the company is planning on integrating Whiptail into its servers. Cisco isn’t the only company out there getting into the…
Cisco Whiptail Buy Looks Positive As Hard Servers Die Out
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.