September 23, 2017 6:01 PM ET

Technology Hardware, Storage and Peripherals

Company Overview of Nexsan, Inc.

Company Overview

Nexsan, Inc. develops storage, back up, and data management solutions. The company offers high-density storage solutions; private cloud file sync and share appliances; archive storage solutions that allow enterprises to protect high-value data; and unified storage solutions. It provides its solutions for digital chain of custody and high performance computing requirements. The company also offers support services. It serves creative, design and build, surveillance, education, financial, healthcare, legal, media and entertainment, and public sectors through a network of cloud service providers, value-added resellers, and solution integrators worldwide. The company was founded in 2011 and is b...

2540 Mission College Boulevard

Santa Clara, CA 95054

United States

Founded in 2011

Phone:

408-724-9809

Fax:

408-454-4250

Key Executives for Nexsan, Inc.

Vice Chairman and Chief Executive Officer
Age: 51
Chief Financial Officer
Chief Operating Officer and Director
Age: 47
Senior Vice President of Engineering
Senior Director of APAC Sales
Compensation as of Fiscal Year 2017.

Nexsan, Inc. Key Developments

Nexsan Unveils Next Generation Unity(TM) Systems to Meet Growing Customer Demand

Nexsan™ announced the next generation of Unity, the first and only unified storage system providing both file (NAS) and block services with Enterprise File Sync and Share (EFSS), n-Way sync, and integrated secure active archiving. The new Unity systems offer up to 40% performance improvement over similar previous models, more flexible configurations, and reduce costs by more than a third. New all-flash configurations are now available to meet the demands of customers' high performance applications, as well as hybrid configurations for the more cost conscious. The next generation of Unity has been completely re-designed to improve performance and management, increase flexibility, decrease costs, and launch all-flash models. The latest Intel® Xeon® Processor E5 v4 Family and increased memory allow for more IOPs, lower latency, and power to expand and deliver performance up to 40% over previous similarly configured systems. Additional ports, connectivity options, and the support of SMB 3.0 provides greater configuration flexibility. Because of the new designs, the new hybrid models in similar configurations are up to a third less expensive, delivering significant savings. With this release, Unity is now available in all-flash all-inclusive unified storage configurations that provide the performance to meet the most demanding application needs. With included advanced data reduction technologies used to optimize SSDs, organizations can see an effective usable price of $1 per GB or less. The all-flash configurations support 1.92TB, 3.84TB, and 7.68TB SSDs and are supported on every Unity model with up to nine enclosures in the maximum configuration. Hybrid configurations that mix DRAM and SSD for caching with HDDs are also available, and can scale up to 5PB of capacity.

Nexsan Announces Executive Changes

Nexsan announced the appointment of Ron Bienvenu as CEO. Bienvenu was appointed Vice Chairman in January and takes on the CEO role effective immediately, replacing Robert Fernander who has been appointed Chairman Emeritus. Bienvenu has more than 25 years of broad industry and leadership experience where he has held several key executive positions, including CEO at Process Software, and founder and CEO of SageMaker, Inc. the company announced that Dr. Geoff Barrall has been appointed as COO. Dr. Barrall was formerly CTO at Nexsan and prior to that founder and CEO at Connected Data. John Westfield has been appointed as CFO, after joining as a consultant in April 2016. Westfield joined the company from HGST and has more than 20 years of experience in corporate and operational finance and accounting in both public and private companies. Rounding out the executive team are Tony Craythorne, Sr. VP of WW Sales, and Victoria Grey, CMO.

Nexsan, Inc. Announces Executive Appointments

Nexsan announced that the transaction between Imation Corp. and NXSN Acquisition Corp., pursuant to which all of the issued and outstanding common stock of Nexsan was sold to NXSN, has closed. Imation's leaders Bob Fernander, its Interim Chief Executive Officer, and Geoff Barrall, its Chief Technology Officer, will continue to run the Nexsan business as Chief Executive Officer and Chief Technology Officer of Nexsan, respectively, and will have seats on the new Nexsan board. The transaction is designed to enhance Nexsan's plans for both organic and inorganic growth, as Nexsan will be infused with up to $10 million in fresh private equity capital.

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Recent Private Companies Transactions

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