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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.
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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.