"At the end of the day, unlike a car that's a depreciating asset, (BlueArc) is an appreciating asset, and one that we consider will continue to have value over time. If you look at it in term of things two and three years out as to what we can do together, this is one that made sense for us to own," he said.
In a statement, HDS pointed to booming growth in file-based storage systems. "That area, as well as our software and virtualization, has been key areas to our growth," Householder said.
Without giving specifics, Household said HDS is looking to even more tightly integrate BlueArc's technology.
HDS is heavily focused on cloud architectures, both public and private.
Householder said BlueArc's current CEO, Mike Gustafson, would continue to lead the company, which will also continue to run as its own entity.
With this acquisition, HDS said it is executing on its strategy to transform "traditional data centers" into service oriented architectures.
HDS's cloud strategy allows IT administrators to automate the management of file and block data together and allows users to seamlessly store and access all data from anywhere independent of the infrastructure and application.
"Over the past 5 years, BlueArc has been an integral part of our strategy to help customers store and manage unstructured data of all types, such as video, email, medical imaging, scientific data and more," Jack Domme, CEO of HDS, said in a statement. "Bringing BlueArc into the Hitachi family will enable us to better serve customers with more tightly integrated technologies, broader capabilities and deeper expertise globally."
Lucas Mearian covers storage, disaster recovery and business continuity, financial services infrastructure and health care IT for Computerworld. Follow Lucas on Twitter at @lucasmearian , or subscribe to Lucas's RSS feed . His e-mail address is email@example.com .
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