Fusion-io (NYSE:FIO): Current price $21.27
The firm is open-sourcing its ioScale hardware design and intends to donate it to Facebook’s Open Compute Project, however, users who employ the ioScale design kit will have to use Fusion-io’s own-brand controller tech. At the Open Compute Summit which ran over the weekend in Santa Clara, Chief Executive and C0-founder David Flynn gave a presentation entitled The all-flash data centre: Hyperscale acceleration, during which he announced the open-sourcing of the ioScale product’s electro-mechanical hardware design though its donation to the OCP. Flynn commented that, “We’re open-sourcing the design. This will allow OCP members to take that design and customize it to their servers. It will facilitate third-party manufacturing [and] it uses our controller technology.”
Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
Learn More
There's always a bull market in some sector! Find the best opportunities in commodities.
Learn more
At last, a trading system that buys the right ETFs at the right time, time after time!
Learn more