ST. LOUIS, Mo. (KMOV.com) – A St. Louis high-tech startup founder says Facebook may be looking to buy his business.
Andrew Mayhall, a 19-year-old college dropout from Edwardsville, Illinois founded Evtron. His vision for the company started when he was a junior in high school, NetworkWorld.com reported.
Evtron is a company that produces data storage devices. The company caught the attention of Facebook since Facebook is reportedly looking to save money on their data storage devices.
Mayhall was able to create a storage product that set a world record for storage capacity in a small space, in turn, making server storage more efficient. He said he would like to have some sort of licensing agreement, but did not want to undermine the possibility of a buyout.
During an interview with NetworkWorld.com's Colin Neagle, Mayhall said, “Overall, I believe our goal is we want to grow this thing to be an EMC or NetApp. We don’t really want to do that by being acquired." He further went on to explain that the talks between Evtron and Facebook are still ongoing and Evtron might be willing to license some of his technology to a large company like Facebook.
Mayhall and his business partner recently moved operations into a building in downtown St. Louis. They have partnered with local companies and made deals with overseas companies to keep their costs low.
Mayhall says his overall goal is to make Evtron a company that can compete or beat the best in the large-capacity data storage business.