BSDi to Become iXsystems, Inc.
Company will focus on providing the most reliable and scalable rackmount server solutions for the Internet infrastructure
San Jose, CA, April 4, 2001 - BSDi announced today that it intends to adopt a new name and business focus following the signing of a definitive agreement for the sale of the company's BSD operating systems units to Wind River Systems, Inc. (NASDAQ: WIND). To be known as iXsystems, Inc., the company will focus on developing and marketing the world's most reliable and scalable rackmount servers, server appliances, and advanced systems offerings especially for Internet data centers, content providers, and Web hosting providers.
Upon closing of the sale to Wind River, which is expected by the end of April, the company will change its name to iXsystems; will be licensed to use the BSD operating system, networking and Internet technologies; and will gain access to Wind River's industry-leading embedded software and development tools. This will enable iXsystems and third-party developers to leverage a range of advanced technologies when building solutions for iXsystems platforms. iXsystems will maintain BSDi's corporate and manufacturing operations in the Silicon Valley. SVB Securities, Inc., a subsidiary of Silicon Valley Bank, advised BSDi on the transaction with Wind River Systems.
"We're very excited about this opportunity to focus exclusively on the growing systems segment of our business with our iXtreme Series of Internet infrastructure-grade server solutions," said Gary J. Johnson, CEO of BSDi. "Going forward, iXsystems will be in an excellent position to deliver advanced server solutions based on both BSD and Wind River technology streams."
iXsystems, Inc. offers a full range of state-of-the-art, rackmount server systems and related products and solutions at competitive prices and backed by professional services and support. All iXsystems products feature:
The iXsystems product line currently includes the iXtreme 1250 , 1270 and 1300 1U rackmount servers, offering low cost and high density; the iXtreme 2200 and 2300 2U rackmount servers, offering uninterrupted access and top performance; the iXtreme 4380 4U rackmount server, offering high flexibility and scalability; and the iXtreme FRS 1100 and FRS 4200 4U RAID sub-systems, offering reliability and high availability. iXsystems plans to introduce a line of rackmount server appliances in the near future.
About iXsystems, Inc.
iXsystems, Inc. (formerly BSDi) emerges as a leading provider of rackmount server solutions for the Internet infrastructure. Available in a range of built-to-order configurations, the company's iXtreme Series servers power the Internet, running the Internet's highest-traffic Web sites and highest-volume service networks. For more information, call (408) 535-6800.
iXsystems and iXtreme are trademarks of iXsystems, Inc. All other brand and product names are or may be trademarks of, and are used to identify products or services of, their respective owners.