May 31, 2016 6:29 AM ET

Software

Company Overview of Permabit Technology Corporation

Company Overview

Permabit Technology Corporation develops and delivers data optimization software solutions. It provides Albireo, an OEM-embedded data optimization software solution for hardware and software storage OEMs; Permabit Enterprise Archive, a storage system capable of archiving petabytes of information; and Permabit Cloud Storage, a massively scalable cloud storage solution that enables public and private cloud storage service providers to deliver competitive service offerings to its clients. The company serves customers in financial, securities, manufacturing, and healthcare markets. Permabit Technology Corporation was founded in 2000 and is based in Cambridge, Massachusetts.

10 Canal Park

3rd Floor

Cambridge, MA 02141

United States

Founded in 2000

Phone:

617-252-9600

Fax:

617-252-9977

Key Executives for Permabit Technology Corporation

Chief Executive Officer, President and Director
Co-Founder and Chief Technology Officer
Chief Financial Officer
Vice President of Human Resources
Senior Vice President of Business & Corporate Development
Compensation as of Fiscal Year 2015.

Permabit Technology Corporation Key Developments

Permabit Technology Corporation Enters into Agreement with Avnet to Distribute SANblox Data Efficiency Appliance

Permabit Technology Corporation announced that it has entered into an agreement with Avnet to distribute its SANblox data efficiency appliance. SANblox is a data reduction appliance for Fibre Channel-attached storage that pairs Permabit's deduplication with its HIOPS Compression™ technology. It enables storage products across a wide range of applications to provide a typical 6:1 data reduction benefit to dramatically lower the effective cost per GB. SANblox delivers 85% reduction in cost, 6X more capacity with less than half-millisecond latency, giving customers financial relief for today's rampant data growth. By integrating Permabit's SANblox data reduction with storage solutions, Avnet enables their customers to store their most important data very cost effectively. Less data needing to be stored means that there is increased effective storage capacity available to address customers' data growth and storage expansion requirements, improved storage reliability through reduced wear on storage media, and optimized network utilization due to less data being transmitted across the network.

Permabit Technology Corporation Presents at 11th Annual Pacific Crest Emerging Technology Summit, Mar-02-2016

Permabit Technology Corporation Presents at 11th Annual Pacific Crest Emerging Technology Summit, Mar-02-2016 . Venue: The Park Central Hotel, 50 3rd St, San Francisco, CA 94103, United States. Speakers: Tom Cook, Chief Executive Officer, President and Director.

Permabit Delivers Increased Efficiency and RHEL 7 Support in New VDO Release

Permabit Technology Corporation ushered in the next generation of storage efficiency with the release of Albireo Virtual Data Optimizer (VDO) 5.2. Albireo VDO combines fine-grained thin provisioning, inline data deduplication and the company's HIOPS® Compression for Linux-based storage solutions, while delivering an average 6:1 data reduction across mixed storage environments. Offered as an OEM component, VDO is easily embedded into solutions from storage manufacturers and service providers. VDO 5.2 provides support for open source industry leader Red Hat Enterprise Linux 7 (RHEL 7) and adds further enhancements to the product's performance and resource efficiency metrics. It works seamlessly with all of the capabilities of Red Hat Enterprise Linux 7, enabling its customers to deliver cutting edge data reduction, while leveraging world class OEM support from Red Hat. Solutions using Red Hat Atomic Host, Red Hat Enterprise Virtualization, Red Hat Gluster Storage, and Red Hat Ceph Storage can all take full advantage of VDO data reduction capabilities. With the 5.2 release, the company has not only added support for RHEL 7, but also dramatically increased performance and memory efficiency for business-critical storage systems, enabling up to 4 PBs of logical storage. With VDO, OEMs and service providers can seamlessly leverage all the capabilities of their Linux-based storage solutions and continue to use existing Linux applications, file systems, virtualization features and data protection capabilities. Albireo VDO uniquely combines scalability and performance with the data reduction, enabling all customers to maximize the efficiency of their storage offerings.

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