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Storage Boom: BlueArc Goes Profitable with Record Year

I don’t often report on financial results, but I thought it was noteworthy that, for the first time, BlueArc is in the black. Today the company announced that it set new records for both quarterly and annual revenue for the fiscal periods ended January 31, 2011. BlueArc’s fourth quarter revenue rose 40 percent over the same quarter a year ago.

Does these financial results reflect a boom in the storage business to go along with the acquisition fever of last year? What do you think, insideHPC readers?

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