storage news - April 23 - 30, 2001storage history
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The fastest growing storage companies in 2001
Leaf Appointed as Overland Distributor in Nordic Region|
April 30, 2001 - Overland Data, Inc today announced that with immediate effect Four Leaf Technologies has been appointed to distribute Overland's entire product range in all Nordic countries.
"We are delighted to be partnering with Four Leaf Technologies," said Nick Charles, Vice President and Managing Director for Overland Europe, Middle East, and Africa. "Four Leaf is known for providing excellent service to the channel and is a true value-add distributor. They will be offering Overland's tape libraries with software from leading partners including Computer Associates, Tivoli and Veritas, so further boosting Overland's rapid growth in Europe."
"The goal of Four Leaf's Storage Solution Group is to provide the resources for our channel partners to configure, quote and deliver industry leading storage solutions. Overland products, which are known for their quality and reliability, are a key enhancement to our storage solutions. This new partnership between Overland and Four Leaf is an excellent example of an alliance between a key technology player and the leading storage distributor for the Nordic region," said Jørgen Winther, Chief Executive Officer of Four Leaf Technologies ...Four Leaf Technologies web site, ...Overland Data profile, tape libraries
InterSAN Secures $7.8 Million in First Venture Round to Define New Class of Storage Area Management
SCOTTS VALLEY, Calif.- April 30, 2001- InterSAN announced today that it has received $7.8 million in its first round of venture funding.
The round was led by Wit SoundView Ventures, and includes Alliance Ventures, Morgan Keegan & Company, and storage luminaries such as Kumar Malavalli, co-founder and vice president of technology of Brocade Communications Systems, Inc.
InterSAN's SAM software enables companies to dramatically reduce the cost and complexity of managing large mixed-vendor storage networks. The solution is designed for Global 2000 Enterprises to maximize the benefits of heterogeneous storage networks. InterSAN will use the funding to complete product development and deploy its applications-based SAM solution with bellwether beta customers.
InterSAN is poised to lead the SAM market with its patent-pending Virtual Private DataPath (VPD) technology, which establishes and manages the relationship between an application, its storage, and everything in between. With VPD technology, InterSAN abstracts complex, heterogeneous storage networking resources allowing customers to efficiently provision, manage, and monitor all storage resources required by an application based on service levels. InterSAN's scalable architecture provides unified management of globally distributed multi-protocol storage networks. ...InterSAN profile, VCs in storage
SANgate Systems Adds to Key Management Team
SOUTHBOROUGH, Mass. - April 30, 2001 - SANgate Systems today announced that Nancy Kittredge has been appointed Vice President of Human Resources.
Kittredge will be responsible for all staffing, employee-relations, benefits and compensation, and organizational development efforts at SANgate.
"In order to prevail in the competitive data storage industry, SANgate must continue to recruit and retain the best and brightest high-tech professionals available," stated Paul Feresten, President and COO of SANgate Systems. "Nancy will be instrumental in maintaining our top-notch team of employees and thus our competitive advantage."
Kittredge has over ten years of Human Resources experience, predominantly with fast growing high-tech start-ups. Most recently, Kittredge was Vice President, Human Resources at IronBridge Networks, Inc., where she grew employee headcount by 42% and 70% respectively in 1999 and 2000. Prior to IronBridge, Kittredge was with SeaChange International, Inc., where she provided human resources support to over 300 employees. ...SANgate Systems profile
Tandberg Data Expands SLR tape offerings with IBM midmarket servers
Oslo, Norway, April 30. 2001 - Tandberg Data ASA today announced that IBM will begin shipping the SLR100 tape drive, SLR100 Autoloader compatible with IBM's midmarket eServer line.
The tape drive and autoloader products will be the backup standard for the IBM eServer iSeries product line.
Tandberg Data and Imation co-developed SLR technology and have proven its reliability by shipping over 3 million drives worldwide. The SLR100 tape drive, based on QIC (quarter inch cartridge) technology, offers 100GB of capacity and a 10MB transfer rate (assuming 2:1 compression). It is available for IBM eServer models i270, i820, i830 and i840, and is compatible with OS/400 V5R1. SLR100 provides the already large installed base of IBM eServer iSeries and AS/400 customers an economical migration path to higher capacity and transfer rates as well as backward compatibility to previous QIC formats (SLR5, MLR1, and MLR3 cartridges).
"SLR tape drives are an ideal storage solution that have become the defacto standard with IBM eServer iSeries and AS/400 servers with over 810,000 SLR drives sold," said Jim Gathman, Chief Engineering Manager - iSeries and pSeries Storage Devices, IBM. "We are pleased to be working with storage experts such as Tandberg and Imation to provide the SLR100 for our iSeries and AS/400 customers". ...Tandberg Data profile
Maxtor Corporation Lists on the New York Stock Exchange
MILPITAS, Calif., April 30, 2001 Maxtor Corporation (NYSE: MXO) joined the New York Stock Exchange today and its stock began trading under the new symbol "MXO".
The move to the NYSE reinforces Maxtor's position as a worldwide leader in hard disk drives and storage solutions. Maxtor had been listed on the Nasdaq Stock Market under the ticker "MXTR" since its initial public offering in July 1998.
"We are very pleased to be listed on the New York Stock Exchange," said Mike Cannon, Maxtor president and CEO. "With the completion of the Quantum HDD merger, we now have the breadth of products and financial resources to ensure that Maxtor is very well positioned to benefit from the future growth opportunities in storage. We appreciate the potential of a NYSE listing to further enhance visibility for Maxtor and to broaden our investor base."
Maxtor completed the merger with Quantum Corporation's Hard Disk Drive Group on April 2, 2001. Combined revenue for Maxtor and Quantum HDD was approximately $6 billion in 2000. At the time of the merger, the combined company had cash of approximately $700 million and long-term debt of approximately $200 million. ...Maxtor profile
Tricord Systems Announces Lunar Flare NAS Now Shipping
MINNEAPOLIS, MN - April 27, 2001 - Tricord Systems, Inc. today announced immediate availability of its Lunar Flare NAS server appliance, now shipping in limited availability to customers and channel partners.
To support shipments and future orders, Tricord has also introduced new eCommerce functionality to its award-winning web site, including convenient on-line ordering, automated customer support, and a web portal resource for its channel partners.
The first "clustered" server appliance, Lunar Flare NAS is a scalable, high availability general file serving storage device that is easily deployed in a network. Enabled by Tricord's patented Illumina aggregation software, multiple Lunar Flare NAS appliances aggregate to create a cluster, managed as a single resource. Radically easy to grow, manage and use, this unique solution allows administrators to add storage with no downtime, no user interruption and nearly effortless administration.
Each 129GB Lunar Flare unit will list for $5,700.00 - including 1-year warranty and service. Clusters of up to 16 units provide seamless scalability up to two terabytes. Lunar Flare NAS is distributed through Tricord's select channel partners, or available for purchase on-line through the Tricord web site. Tricord and its channel partners are also offering a 'try-before-you-buy' program to allow qualified customers to try the product for a limited time with no cost or obligation.
"We are excited to deliver in limited availability our first Lunar Flare NAS appliances to the market," says Joan Wrabetz, president and CEO. "We have a very solid value proposition, and have worked hard to build both product and an infrastructure to enable us to meet our key objective of being easy to do business with." ...Tricord Systems profile
Merlin receives $1million dollars in funding
BURNABY, British Columbia - April 26, 2001- Merlin Software Technologies International, Inc. (OTC:MLSW), publisher of PerfectBackUP, today announced that it has received $1 million in funding from several institutional investors.
The $1.0 million in proceeds is the second tranche of a $2.1 million private placement which closed on August 24, 2001.
"This funding allows us to continue to move forward with the full commercialization of our software products and finish development of our network appliances," said Robert Heller, CEO and President of Merlin. ...Merlin Software Technologies profile
Exabyte Receives Nasdaq Delisting Letter
BOULDER, CO, April 26, 2001 -- Exabyte Corporation today reported that it expects to file its Year 2000 Form 10-K on or before April 30, 2001.
As previously reported, Exabyte delayed the filing of its Form 10-K in order to respond to comments received from the SEC staff on prior reports incorporated into an S-3 registration statement. The Company also announced today that it received on April 24, 2001a Nasdaq Staff Determination indicating that the Company has failed to provide Nasdaq with its Form 10-K for the year ended December 30, 2000, as required by Marketplace Rule 4310(c) (14), and that its securities are, therefore, subject to delisting from the Nasdaq National Market. The Company believes with the expected filing date of its Form 10-K that its listing will continue but, if required, will request a hearing before a Nasdaq Listing Qualifications Panel to review the Staff Determination. The Company's ticker symbol will be changed from EXBT to EXBTE as of April 26, 2001 until the Nasdaq staff determines that the Company has satisfied the applicable listing criteria. ...Exabyte profile
Western Digital Reports $11.9 Million Operating Profit from Hard Drive Operations in Third Quarter Fiscal 2001
LAKE FOREST, Calif. -April 26, 2001-Western Digital Corp. (NYSE: WDC) today reported revenue of $533.4 million and a net loss of $3.0 million, or $.02 per share, for its third quarter ended March 30, 2001-including an $11.9 million operating profit in its hard drive business. The net loss includes an extraordinary gain of $371,000 relating to bond redemptions.
Unit shipments of approximately 6 million desktop hard drives in the third quarter reflect sequential growth of 3.5 percent from the 5.8 million units shipped in the second fiscal quarter and better than 15 percent growth over the year-ago quarter. The Company's industry-leading 7200 RPM drives accounted for more than 50 percent of third quarter revenue, compared with 42 percent in the second fiscal quarter. ...Western Digital profile
VERITAS Software Announces Third-Annual EMEA Users' Conference
CHERTSEY, Surrey, England - April 25, 2001 - VERITAS Software Corporation announces VERITAS VISION2001-EMEA, the company's third annual EMEA end-user's conference.
VERITAS Software hosts this year's conference at the Hilton London Metropole, May 15-17, 2001. Featuring interaction among customers, partners, industry experts, analysts and VERITAS Software products, services and engineering personnel from all over the world, VERITAS VISION-EMEA is an exchange of information aimed at helping customers maximize their return on investment through VERITAS Software's interoperable data availability solutions. Guest speakers include globalization expert Jeffrey Sachs, Red Herring magazine Editor-in-Chief Anthony Perkins and Polish President Lech Walesa. Customers will hear about the global economy's impact upon business and how to meet business imperatives with the IT infrastructure through open, interoperable data availability solutions, improving their return on investment. ...VERITAS Software profile
See also:- Events & trade shows
nStor and Avant Networks Sign Distributor Agreement - nStor selected by Avant to bring innovative, world-class storage solutions to Asian marketplace
SAN DIEGO, Calif. - April 25, 2001 - nStor Technologies, Inc. has signed a distributor agreement with Avant Networks to offer enterprise-class storage solutions in the Asia/Pacific region.
Avant Networks, one of Asia's leading providers of network and infrastructure products, will now offer nStor's top-of-the-line NexStor Fibre Channel and SCSI RAID solutions to its customer base.
"As we looked to enter the information storage market in Asia, we found that nStor had a robust storage offering that also complemented our server business," said Keith Wan, Chief Executive Officer of Avant Networks. "NexStor solutions offer the high levels of density, speed and reliability that are critical to our customers in the ISP, ASP, telecommunications and government sectors. We are delighted to be working with nStor to bring these innovative, high-performance products to market."
"The NexStor product family is ideally positioned to address the explosion of data centers in Singapore, Malaysia and Hong Kong," said James Habuda, Vice President of OEM & Reseller Channels, nStor Technologies. "The Asia/Pacific region represents a significant growth opportunity for nStor, and we are pleased to continue expanding our international distribution channels with this new agreement."
Avant Networks will offer the NexStor Fibre Channel and SCSI RAID solutions as stand-alone products or bundled with its line of servers. Avant and nStor will jointly provide customer service and support. ...nStor Technologies profile
See also:- article - Meeting Data Storage Needs of Seismic Proportions - by nStor Technologies
ONTRACK Data International Announces 25% Year on Year Revenue Growth
MINNEAPOLIS, April 25, 2001 - ONTRACK Data International, Inc. (NASDAQ: ONDI), today announced its financial results for the first quarter ended March 31, 2001.
Revenue for the quarter totaled $14.7 million, a 25 percent increase over revenue of $11.8 million in the first quarter of 2000. Net income before amortization of goodwill and terminated merger costs during the quarter increased 17 percent to $1.4 million compared to the first quarter of 2000.
"We are extremely pleased to report stronger comparative quarter revenue growth," said Mike Rogers, chief executive officer of Ontrack. "The market for electronic discovery continues to evolve at a rapid rate. As such, we are expanding our marketing focus from solely antitrust cases to also include the much larger civil litigation marketplace and are investing an additional $600,000 - $700,000 in the second quarter for a highly targeted public relations campaign." ...ONTRACK Data International profile
Editor's note:- I suspect that the market for Data recovery services may actually grow as a result of the general economic slowdown, because companies will be tempted to retain their installed computers longer than before, which will take them deeper into the failure part of the bathtub curve.
Intel Extends Its Optical Networking Capabilities
SANTA CLARA, Calif., April 24, 2001 - Intel Corporation today announced it has agreed to acquire three companies with key capabilities and technologies for producing opto-electronic components - electrical components used in optical networking equipment.
The acquisitions will extend Intel's product portfolio to include a new breed of opto-electronic components that lower the cost and power consumption of optical networking equipment.
Intel has acquired Cognet Inc. and nSerial Corporation, two developers of high-speed electronic components for 10 Gigabit Ethernet optical modules. Intel has also agreed to acquire LightLogic Inc., a leading provider of highly integrated, high-speed optical transponders targeted at the rapidly growing metropolitan market segment. These transponders integrate high-speed optics and electronic components into a single device that converts optical signals into fully formatted digital signals helping to reduce development time for optical networking equipment manufacturers. ...Intel profile
Oak Technology Announces Third-Quarter Financial Results
Sunnyvale, Calif. - April 24, 2001 - Oak Technology, Inc. (NASDAQ: OAKT) today announced that net revenues for the first nine months of fiscal 2001 were $139.4 million, a 180-percent increase over net revenues of $49.7 million for the first nine months of fiscal 2000.
Oak continues to be debt free and had cash and investments of approximately $110 million at quarter end.
On a GAAP basis, the Company posted a net loss of $12.7 million, or ($0.23) per share, for the quarter ended March 31, 2001. The net loss for the period includes a $1.8 million net restructuring charge in the Company's imaging business and a write-off of obsolete inventory related to market conditions industry-wide.
During fiscal 2000, Oak divested one business and completed acquisitions of two others all in an effort to support the Company's transition from a semiconductor company to a total solutions company in the digital imaging and optical storage markets. In that regard, reported results for the third fiscal quarter and first nine months of the fiscal 2001 are not directly comparable with the third fiscal quarter and first nine months of the previous year.
"Although near-term uncertainties remain in the market, Oak is continuing to execute on an operating plan to achieve rapid growth and profitability," said Young Sohn, Oak's president and chief executive officer. "Our development programs remain on track, and we are optimizing our resources. During the past quarter, we restructured our imaging business to focus on more profitable programs and, we also realigned our cost structure by reducing headcount and controllable expenses by 10 percent corporate-wide since December 31, 2000. Our customers are working through their inventory, and we are poised for deployment of new products in the coming months. While visibility remains limited in the near-term, we remain well positioned and expect to see more potential for growth as we head into the second half of the calendar year." ...Oak Technology profile
NetSilicon and Ciprico Combine to Deliver Network-Enabled Storage with Fibre Channel RAID Device
Waltham, MA, April 24, 2001 - Ciprico, Inc. has selected NetSilicon's NET+Works "solution-on-chip" to provide complete networking for the NETarray 1000 fibre channel RAID storage system.
Ciprico's NETarray 1000 is a high-performance, highly available and reliable storage device designed for use as a single solution for transactional and high-bandwidth storage applications. Integration of NetSilicon's NET+Works provides Ciprico's NETarray 1000 with remote access and management capability via 10/100BT Ethernet, enabling browser-based storage management, installation, configuration, monitoring and maintenance.
"NET Silicon's Net+Works product provides us a highly integrated network solution that enables good performance by off loading our RAID processors," said Steve Brachman, Engineering Director, Ciprico. "By integrating NET+Works into the NETarray 1000, our engineers were able to focus on our storage application rather than on developing a full network interface. This allowed us to significantly reduce our time to market."
NetSilicon's NET+Works product family is a fully integrated, tested and production-ready embedded platform comprised of complete hardware, software, real-time operating system (RTOS), network protocols and servers, application programming interfaces (APIs), drivers and utilities fully supported and royalty-free. By elevating the traditional hardware-only system-on-silicon approach to a tightly coupled "solution-on-chip," NetSilicon is able to give OEMs an out-of-box solution that allows design engineers to increase focus on product design and meet time-to-market demands. NET+Works is used in a variety of applications such as Internet telephony, building access and control, wireless base stations, industrial automation, office appliances and handheld computing. ...Ciprico profile, ...NetSilicon profile
SANavigator And WQuinn Form Strategic Alliance To Integrate And Distribute Storage Management Software
April 24, 2001 - San Jose CA and Reston VA - SANavigator Inc and W. Quinn Associates, Inc. today announced they have signed a joint OEM agreement to integrate and sell each other's storage management software.
The agreement initially involves SANavigator 2.0, the latest version of the first true platform and device-independent SAN management application, and WQuinn's highly-acclaimed SpaceMaXX SRM, the storage resource management utility for Windows® NT®, 2000, 9x, ME and NAS appliances.
Under the terms of the agreement, there will be a phased integration of the products. In the initial integration, SANavigator will launch WQuinn's SpaceMaXX SRM, a disk storage analysis tool that monitors storage utilization at the partition level. SANavigator's Event Manager will be able to collect and process the capacity utilization events reported by SpaceMaXX SRM.
"Successful management of disk space is one of the critical issues in storage management," said Robert Wright, president and COO of SANavigator Inc. "The integration of SANavigator 2.0's vast physical storage management capabilities and WQuinn's powerful logical disk management solutions gives Windows users unsurpassed flexibility in managing their storage."
SpaceMaXX SRM frees up wasted disk space by finding obsolete data such as old files, duplicated files, large files, music (mp3) files and other types of data that consume disk space unnecessarily. SANavigator's latest version, 2.0, like earlier versions of this acclaimed program, is a Java-based storage management application that operates as a host for other storage management applications, utilities and tools from major storage vendors. SANavigator includes an Auto Discovery feature that performs a complete inventory of all SAN resources. ...SANavigator profile ...W. Quinn Associates profile
Paceline Systems secures $20 million in financing to develop switching systems based on emerging InfiniBandTM technology
CHELMSFORD, Mass., April 24, 2001 - Paceline Systems announced today it has received $20 million in financing from top-tier venture capitalists.
The funds will enable Paceline to develop data center networking products based on InfiniBand technology, a new switching technology that interconnects servers, storage systems and communications equipment in a high performance network. The series B financing was led by BancBoston Ventures and included Commonwealth Capital Ventures, Deutsche Banc Alex. Brown, Kodiak Venture Partners, Goldman Sachs and prominent individuals from the networking industry. The new funds will enable the company to expand its staff of experienced hardware and software engineers and to purchase product development materials. The company received $1.5 million in seed financing from Kodiak Venture Partners last year.
"We are pleased by the amount of financing that our product plans have attracted, especially considering the current capital market conditions," said Ed Mezzanotte, Paceline president and CEO. "This is a strong endorsement of the highly experienced management team we've assembled and the great potential in InfiniBand technology."
Paceline is developing switching systems that use new InfiniBand standards-based technology to achieve the highest levels of performance and scalability in the industry while also improving the efficiency of large data center networks. The company's products will reduce the cost of managing these increasingly complex environments and will significantly improve their reliability. IDC predicts the InfiniBand switch port opportunity will exceed $1 billion by 2004. ...Paceline Systems profile
Auspex Appoints Ideal Hardware as Sole UK Distributor
UK, April 24 2001 - Ideal Hardware has been chosen as the sole UK distributor for Auspex Systems. Ideal will provide Auspex's high-end NAS solutions, allowing Ideal to deliver fully integrated Enterprise storage offerings to its customers. US NAS market leader and parent company of Ideal, Bell Microproducts, recently announced the signing of a distribution agreement with Auspex, allowing them to distribute Auspex's NAS products and solutions. Following Bell's success in the NAS market, Ideal will spearhead Bell's European NAS operation.
Garry Elliott, Auspex Country Manager comments: "By partnering with Ideal Hardware, Auspex strengthens its commitment to growth with an indirect strategy providing the highest quality products and services in the industry. This agreement enables Auspex to leverage Ideal's demonstrated leadership throughout the marketplace. Through Ideal Hardware, Auspex reinforces its core strategy to bring industry-leading NAS solutions to a broader range of VARs and integrators."
Mike Collins, Ideal's NAS product manager, comments on the signing: "The addition of Auspex's NAS family of products to our portfolio, strengthens Ideal's NAS strategy and complements the Storage Area Network (SAN) strategies and high-end platforms we are now developing and investing in. This allows us to deliver fully integrated Enterprise solutions. The alliance with Auspex, coupled with Bell's US success in the NAS market, provides us with the platform from which Ideal will establish itself as the global No. 1 NAS distributor. The agreement positions both parties with access to the solutions, services and reseller markets that will allow us to successfully deploy and manage our customers' NAS solutions." ...Auspex Systems profile, ...Ideal Hardware profile
Pirus Networks Unveils the Industry's First Storage Utility Switch
ACTON, Mass., April 23, 2001 - Pirus Networks today announced the industry's first carrier-class storage networking system that enables enterprises and service providers to deploy NAS (file) and SAN (block) storage technologies through a highly scalable switch-based system.
The Pirus Storage Utility Switch provides, in one intelligent device, the following:
EMC Expands Relationship With Sony
Las Vegas - April 23, 2001 EMC Corporation today announced an expansion of its relationship with Sony.
Under a new OEM agreement, Sony Broadcast & Professional Company will offer an EMC CLARiiON®-based storage system with its new XPRI Digital Content Creation System. Both companies are showcasing the combined solutions at the annual National Association of Broadcasters (NAB) convention. The new Sony nonlinear editing systems, designed for use in professional and broadcast environments, provides the latest digital editing features, including support of high definition TV. The EMC system, capable of scaling to meet the most demanding applications, will be marketed by Sony Broadcast & Professional Company as the Sony Fibre Channel Storage Unit (DMW-ST001).
Bill Nelson, EMC's Senior Vice President of Content and Information Center Markets, added, "The production industry is at the forefront of an information explosion. This agreement combines the technology of two industry leaders to provide broadcasters and others with an information storage solution that will enable customers to meet the needs of their changing industry." ...EMC profile, ...Sony profile
EMBLAZE Systems and Network Appliance to Deliver Standards-Based, Carrier-Grade, Mission-Critical, Wireless Multimedia Solutions
New York, NY and Sunnyvale, CA - April 23, 2001 - EMBLAZE Systems and Network Appliance today announced a partnership between the companies to comarket and deliver the Emblaze Wireless Media Platform, based on NetApp® and Emblaze technology.
The Emblaze Wireless Media Platform will provide global wireless carriers with the reliability, scalability, and high-availability required for deploying streaming audio and video applications. As a part of this partnership, the companies will engage in joint marketing activities to the wireless carriers, communications service providers, and enterprise customers.
Commenting on the agreement, Ziv Eliraz, vice president, business development, EMBLAZE Systems Inc., "Video messaging solutions and other storage-intensive multimedia applications require the backend system that only a few vendors can supply. We are pleased to have the opportunity to work with an industry leader providing our customers with the most trustworthy storage solutions." ...EMBLAZE Systems profile, ...Network Appliance profile
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