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Utah's Fusion-io debuts new version of software

Published June 24, 2013 11:41 pm

Tech • Virtualization product speeds up how servers access data.
This is an archived article that was published on sltrib.com in 2013, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

Cottonwood Heights-based Fusion-io, which produces flash drives and other solutions to accelerate data for cloud-computing and databases, announced Monday a new version of its ioTurbine software.

The software is used to increase the speed of virtual computing on company servers, a process used by businesses for a variety of applications, including cloud computing.

"Just as Fusion-io revolutionized storage by integrating flash in the server to bring performance closer to enterprise applications, enabling virtualization-aware caching is a significant breakthrough," said Vikram Joshi, Fusion-io, chief technologist.

The software retails for $3,900.

Shares of Fusion-io, which trade on the New York Stock Exchange, were up 8 cents, or 0.61 percent, at the close, at $13.09.