Coraid® Inc., a leading developer of Ethernet SAN solutions with more than 1,400 customers, announced the acquisition of Yunteq, Inc., a provider of cloud orchestration software for public and private clouds. Coraid's groundbreaking Ethernet SAN platform eliminates multiple layers of traditional SAN complexity, providing the ideal platform for an automated, elastic storage infrastructure. Yunteq's sophisticated resource management framework and policy-driven orchestration engine automate provisioning and policies at the network, storage, and security layers, reducing operating expenses and providing an ideal complement to Coraid's breakthrough Ethernet SAN architecture.
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