
Fate...
IMHO, Tegile isn't an acquisition target due to their ZFS-based technology. So, it's IPO or die. Based on the feedback from ex-Tegile employees who left in ~ 1 year, I'll bet on the later...
Hybrid and all-flash array startup Tegile has got itself an interesting roadmap to extend its hybrid array tech and expand sideways into adjacent storage markets. Tegile is one of three busily growing companies touting built-from-the-ground-up hybrid array software. Nimble Storage has made the IPO jump into being a self- …
I agree, Tegile exit strategy is limited by lack of intellectual property. Word on the street is that they use the Solaris ZFS instance to avoid stability issues with the open source version, which could erode margin. If they execute on an IPO the stock would likely trade at a perpetual discount to folks like NMBL who have developed their own technology.
"Rob Commins: Umm. We also have Intellicare, introduced a couple of months ago. It’s similar to Nimble from an analytics and support standpoint."
The above statement sums up Tegile and their go-to-market:
Desperate sales guy: "We're just like Nimble, so please look at us if you're considering buying their gear. Oh, and we'll be cheaper than them, I promise" <smiley face>.
Yes, bad branding there, and way to promote a competitor Mr. Cummins! "Our offering is similar to Nimble, except that Nimble is more established, stable and has a larger support and services network!"
(Well, there are lots of companies that have survived worse faux pas.)