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LeftHand Networks pioneered IP-based storage area networks
(SAN) in 2001. SANs built using LeftHand's SAN/iQ® software are uniquely
able to distribute and protect data across a cluster of industry-standard
storage servers. The company's patented architecture increases data
availability, allows users to start small and grow the SAN seamlessly, and
simplifies management. The LeftHand SAN is ideal for storage and server
consolidation, multi-site SANs, and disaster recovery. LeftHand SANs are
available in the U.S., Canada and throughout Europe. For more information,
contact LeftHand at info@lefthandnetworks.com.
see also:-
LeftHand
- editor mentions on STORAGEsearch.com
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| HP
Acquires Sinister iSCSI Appendage |
PALO
ALTO, Calif. - October 1, 2008 - HP today announced it has signed a
definitive agreement to acquire LeftHand Networks Inc. for $360 million
in cash, subject to certain purchase price adjustments.
Founded
in 1999, LeftHand Networks is privately held and headquartered in Boulder, Colo.
It has 215 employees and more than 500 resellers and distributors worldwide. The
company has more than 11,000 installations across 3,000 different customers.
HP says the acquisition will
strengthen its midrange iSCSI
product line.
...LeftHand
Networks profile
Editor's comments:- LeftHand Networks
joins my list of 471 gone
away storage companies nestling alphabetically between LapiStor and Legato
Systems.
Some of these have more interesting stories attached to them
than others. Sometimes it's the technology that goes wrong (or never gets
started). But usually acquisitions result from a weakness in marketing. My view
is that most VC funded
storage software
companies - never had a viable standalone business plan in the first place - and
getting acquired was always part of the thinking. I can only judge by what I've
seen.
A few weeks ago StorageMojo - Robin Harris - published
an informative blog about the
demise of YottaYotta.
It can be interesting to read about
storage people and be
inspired by their success or learn from their mistakes.
Phil Soran,
president and CEO of Compellent
came up with a sharp comment about HP acquiring LeftHand. "HP's intent to
acquire LeftHand Networks, similar to
Dell's purchase of
EqualLogic last
November,
demonstrates legacy vendors' approach to meeting the needs of the mid-sized
enterprise market: buy someone else's technology and try to fit it into
an existing product portfolio, which leads customers to a rip-and-replace
strategy as they grow. While this may be easier for the vendors than developing
their own scalable infrastructure, it is certainly not better for customers." |
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Finally - going back to my
headline for this story... "sinister" is ye olde English - meaning
the left hand side of a knight's body armor. | | |