ALEXANDRIA, Va., Aug. 12 -- United States Patent no. 12,386,505, issued on Aug. 12, was assigned to PURE STORAGE INC. (Santa Clara, Calif.).

"Cost considerate placement of data within a pool of storage resources" was invented by Dirk Meister (Mountain View, Calif.), Subramaniam Periyagaram (Campbell, Calif.), Reese Robertson (Redwood City, Calif.) and Prudhvi Lokireddy (Mountain View, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Cost considerate placement of data within a pool of storage resources, including: receiving one or more data objects for storage; selecting, based at least upon a storage policy and upon one or more characteristics of storage data, one or more storage classes from among a pl...