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LeftHand Networks - 1999 to 2008

LeftHand Networks pioneered IP-based storage area networks (SAN) in 2001. SANs built using LeftHand's SAN/iQ® software are uniquely able to distribute and protect data across a cluster of industry-standard storage servers. The company's patented architecture increases data availability, allows users to start small and grow the SAN seamlessly, and simplifies management. The LeftHand SAN is ideal for storage and server consolidation, multi-site SANs, and disaster recovery. LeftHand SANs are available in the U.S., Canada and throughout Europe. For more information, contact LeftHand at info@lefthandnetworks.com.

see also:- LeftHand - mentions on StorageSearch.com, storage market history

LeftHand Networks was one of more than 500 storage companies acquired in the same decade.

Within a few years - the cofounders started a new company NexGen Storage - whose first products were aimed at the hybrid flash / HDD storage market.

That particular story - still being told in SSD news - had been very interesting already by 2015.

More reading for you if you're interested.

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Many factors at play in enterprise SSD market behavior still don't appear as explicit assumptions in SSD product marketing plans.

One contributory cause for gaps in segmental understanding has been the continuing pace of disruptive innovation in enterprise SSD-land - which has meant there hasn't been a stable market template for vendors to follow from one seemingly chaotic year to the next as they encroach on new markets.
Decloaking hidden segments in the enterprise for rackmount SSDs
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HP Acquires LeftHand Networks
PALO ALTO, Calif. - October 1, 2008 - HP today announced it has signed a definitive agreement to acquire LeftHand Networks Inc. for $360 million in cash, subject to certain purchase price adjustments.

Founded in 1999, LeftHand Networks is privately held and headquartered in Boulder, Colo. It has 215 employees and more than 500 resellers and distributors worldwide. The company has more than 11,000 installations across 3,000 different customers. HP says the acquisition will strengthen its midrange iSCSI product line. ...LeftHand Networks profile

Editor's comments:- LeftHand Networks joins my list of 471 gone away storage companies nestling alphabetically between LapiStor and Legato Systems.

Some of these have more interesting stories attached to them than others. Sometimes it's the technology that goes wrong (or never gets started). But usually acquisitions result from a weakness in marketing. My view is that most VC funded storage software companies - never had a viable standalone business plan in the first place - and getting acquired was always part of the thinking. I can only judge by what I've seen.

A few weeks ago StorageMojo - Robin Harris - published an informative blog about the demise of YottaYotta. It can be interesting to read about storage people and be inspired by their success or learn from their mistakes.

Phil Soran, president and CEO of Compellent came up with a sharp comment about HP acquiring LeftHand. "HP's intent to acquire LeftHand Networks, similar to Dell's purchase of EqualLogic last November, demonstrates legacy vendors' approach to meeting the needs of the mid-sized enterprise market: buy someone else's technology and try to fit it into an existing product portfolio, which leads customers to a rip-and-replace strategy as they grow. While this may be easier for the vendors than developing their own scalable infrastructure, it is certainly not better for customers."
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