NxGnData Becomes NGD Systems

Irvine-based NxGn Data, a developer of solid state disk drives (SSDs), says it has renamed itself NGD Systems. NGD Systems said the renaming of the company will highlights its system-level capabilities and ability to compete in the storage subsystem market. NGD Systems is led by Nader Salessi, and is targeting the enterprise SSD storage market; the company said its executives have previously worked for such companies as Western Digital, STEC and Memtech.