Something's bubbling up in the Springpath springs Springpath, the hyper-converged software startup, has cancelled two US briefing events with journalists and industry types. It's also canned its global PR agency, and calls to its contact phone number are not answered. The two events are the IT Press Tour this week, and Tech Field Day in February. It was listed as a sponsor …
Last buying already proves a mistake. The VP/SVP who bought this crap was gone.
Storage is different business from networking & virtulization. You screw up, you lost all your bets.
Cisco either build their own from scratch or bought some established startups which already has enterprise customers like Tintri, Nimble . Buying companies with some prototype is silly enough.
This post has been deleted by its author
The other alternatives is a combination of one or more of the following.
1. They've received advice that they're likely to lose the lawsuit
2. The product needs a LOT more development before its ready to take on enterprise workloads and there isn't enough money to do that and do marketing related stuff.
3. Their exit plan isn't panning out because Cisco decided to buy someone else (like say Nutanix, or Simplivity or SolidFire)
4. The recent lacklustre stock performance of Violin, Nimble and Pure is drying up any chance of another round of funding ...
5. Nobody wants to buy infrastructure any more because of cloud and their entire business model if FUBAR
6. They've found the cure for cancer and they're busy pivoting their entire business to making the world a better place.
The Register 
Biting the hand that feeds IT
Copyright. All rights reserved © 1998–2024
