|Hard disk drives
Solid state disks
STORAGEsearch - news
2001, January week 5, news archive
- Venture funds in storage
|storage history:-||January 2000, January 2002, January 2003, January 2004, January 2005|
|SOUTHBOROUGH, Mass. - Jan.
31, 2001 - Storability, Inc today announced it is the first storage
services company authorized to deliver support services under VERITAS
Software's elite Partner Support Program (PSP). Storability has
completed and passed all program qualifications and is now authorized by VERITAS
Software to provide Level I and Level II support on VERITAS products.
"Being named the first storage services company in the VERITAS Partner Support Program is a significant accomplishment for us," said Marco Buchbinder, Storability's Vice President of Business Development. "It validates our process, technology, and expertise and makes our partnership with VERITAS even stronger. The end result will be easier and faster service for our customers."
The VERITAS Partner Support Program is designed to assist select service providers in delivering availability sensitive services based on VERITAS Software solutions. Membership in the PSP program will grant a higher priority to Storability when escalating issues to VERITAS Software. Storability will also be given access to the VERITAS Software internal knowledge base and have a direct toll-free 800 number into the support center. ...Storability profile, ...VERITAS profile
Merrill Lynch Conference, Santa Barbara, CA and Chantilly, VA - January 31, 2001 - Network Storage Solutions (NSS) today announced a partnership with Hitachi Data Systems (HDS) to provide high availability customer maintenance services to its customers in North America. The partnership validates NSS as a strategic player in the NAS market, supports its customers with a proven service provider and gives NSS access to HDS' worldwide distribution channel.
Under the service level agreement, HDS Worldwide Customer Services will provide call center, customer maintenance, and logistics support to NSS system integrators and end users of its award-winning Thunderbolt product line. NSS customers can select from HDS' multi-tier service level menu ranging from Platinum Plus 7x24 coverage - with 2-hour on site response for customers with extremely critical availability requirements - to Silver Service next business day spare parts delivery for those with less critical needs. ...Hitachi Data Systems profile, ...Network Storage Solutions profile
|MURRAY HILL, N.J. - JANUARY 30, 2001 - Lucent Technologies today announced a new venture, called InPhase Technologies, that is developing high-performance holographic data storage media and systems with the potential to dramatically speed the evolution of the fast-moving entertainment, consumer products and information technology industries. Using technology in recording media and systems developed at Bell Laboratories, the research and development arm of Lucent, InPhase Technologies will design holographic systems that combine high storage density with high-speed access and fast parallel transfer rates.|
holographic products could vastly improve the performance of video, Internet,
data warehousing and games applications, which demand ever-increasing
performance of storage systems
"InPhase Technologies is aimed at satisfying the world's insatiable need for more storage, delivered with ever-higher speed and convenience, " said Nelson Diaz, president and chief executive officer of InPhase. "For Internet applications alone, industry estimates are that storage needs are doubling every 100 days. We believe that the exceptional benefits of InPhase's technology will be welcome in many business and consumer markets."
Before joining InPhase, Diaz had been vice president and general manager for the StorageTek Corp.
Unlike other methods that record data only on the surface of a disk, holographic data storage allows recording through the entire thickness of the material, which allows for a huge increase in storage density. In addition, much higher transfer rates are achievable because the data is stored and recalled in "page format," which can be accessed one million bits at a time.
"With InPhase Technologies, we have combined the right people, technology and financial backing to help commercialize holographic storage, and transform many markets that need its increased performance in storage technology," said Tom Uhlman, president of Lucent's New Ventures Group. InPhase Technologies has received investments from the venture capital companies Signal Lake, Madison Dearborn Partners and Newton Technology Partners. Imation Corporation is a corporate investor. ... InPhase Technologies profile
|REDMOND, WASHINGTON - January 30, 2001 - ADVANCED
DIGITAL INFORMATION CORPORATION (NASDAQ/NMS Symbol: ADIC) today announced a
definitive agreement to acquire privately-held Pathlight Technology, Inc.
Based in Ithaca, New York, Pathlight has been pioneering the technologies that
enable networking of critical storage resources since 1994. The merged
companies will offer a broad range of intelligent storage products including SAN
management, connectivity, and virtualization products that complement ADIC's
existing storage hardware and software solutions. Following completion of the
transaction, Pathlight Co-Founder and Executive Vice President Said Rahmani will
become Executive Vice President of Research and Development at ADIC.
The agreement announced today calls for ADIC to exchange 10.3 million shares of common stock for all of the outstanding stock, warrants and stock options of Pathlight in a merger intended to be accounted for as a pooling-of-interests. Based upon ADIC's closing price on January 29, the transaction has a current aggregate value of approximately $265 million.
ADIC expects to report one-time acquisition costs of approximately $10-12 million during its second quarter ending April 30, 2001. Directors of both companies have approved the merger, and approximately 75% of the Pathlight shares have agreed to vote in favor of it. ADIC shareholder approval is not required.
"The acquisition of Pathlight further confirms ADIC's long-held strategy to offer intelligent, open and device-independent storage solutions for our customers," said Peter van Oppen, Chairman and CEO of ADIC. "Pathlight saw early on that protocol-aware technology addressed not only the SCSI-to-Fibre interface question but offered a direct path to any-to-any connectivity, resource virtualization and storage network management," he said. ...ADIC profile, ...Pathlight profile
Editor's comments. To put it simply, ADIC makes tape libraries, Pathlight makes fibre-channel switches and converters. As storage networks become more complex we're going to see more of the network intelligence sitting in the central storage bins such as RAID systems, optical jukeboxes and tape libraries. These storage devices will start to take over many of the roles which were traditionally done by (human) systems administrators and other storage related software. During the last year, we've reported many alliances between storage bin companies and fibre-channel adapter companies. The ADIC - Pathlight merger represents part of a trend to secure critical technology which is currently available unbundled from 3rd party suppliers. But many of the FC switch technology companies are small enough to be swallowed up by predatory server companies, when they realise that the server operating system is no longer the pivotal technology in computer networks. The land grab for storage technology has barely started.
SUNNYVALE, CA - JANUARY 30, 2001 - AMD today announced a three-year strategic agreement to supply Lucent Technologies with a significant portion of Lucent's Flash memory device requirements. The Flash memory will be used in Lucent's wireless, optical, and data networking products, systems and solutions.
"We are pleased to extend our relationship with AMD for these important Flash memory devices that will support products in all parts of our business," said Jose Mejia, vice president and chief supply officer at Lucent Technologies. "Throughout our long standing relationship, AMD has demonstrated the quality and responsiveness Lucent values in a supplier." ...AMD profile
SANTA CLARA, Calif., Jan. 29, 2001 - Intel Corporation today announced it is shipping samples of its InfiniBand silicon and software products, critical components that will help implement the InfiniBand I/O industry specification and enable a key advance in Internet servers. The InfiniBand architecture is a new I/O infrastructure technology that simplifies and speeds server-to-server connections and links to other server-related systems such as remote storage and networking devices. InfiniBand architecture's easier connectivity, reduced latency, improved bandwidth and enhanced interoperability features increase the performance, reliability and scalability of Intel Architecture-based (IA) servers to meet the growth needs of emerging e-Business data centers, service providers and server farms. Components of the InfiniBand architecture are expected to be commercially released later this year, with InfiniBand-enabled systems expected in late 2001.
InfiniBand technology is considered a key element to building a next-generation, high-performance, highly reliable, low-cost server infrastructure. InfiniBand products provide users with scalable throughput via high-performance 2.5 Gb/s links that can be combined to create large InfiniBand fabrics. The new Intel® InfiniBand products will be used with future IA-32 and upcoming Itanium -based server platforms. As the first vendor to provide samples to leading server OEMs such as Compaq and IBM Corp., switch vendors such as QLogic and Crossroads, and storage vendors such as Adaptec and LSI Storage Systems, Intel hopes to accelerate widespread adoption. ...Intel profile
FT. LAUDERDALE, Fla. - Jan. 29, 2001 - DataCore Software today launched the DataCore SANvantage Partner Program. This channel distribution initiative targets select, storage-focused distributors, value-added resellers and other channel partners to enable them to simplify end-user SAN deployments. The program, which was piloted by more than 60 storage-focused resellers in the U.S., Canada, Western Europe and Pacific Rim, also includes a partner starter kit, training packages, marketing literature, and discounts on products and services. ...DataCore profile
SUNNYVALE, CA and DALLAS, TX January 29, 2001 Maxim Integrated Products, Inc. (Nasdaq: MXIM), and Dallas Semiconductor Corporation (NYSE: DS), today announced an agreement under which Maxim will acquire Dallas Semiconductor, a leading provider of specialty semiconductors. Based on Maxim's closing price on Friday, January 26, 2001, each outstanding share of Dallas Semiconductor would be exchanged for 0.6163 of a share of Maxim, and Maxim would issue approximately $2.5 billion of stock for all of the outstanding shares and stock options of Dallas Semiconductor.
"The synergy and growth opportunity of combining our organizations and product lines was apparent to both sides from the start of our discussions," said Jack Gifford, Chairman, President, and Chief Executive Officer of Maxim. "Dallas Semiconductor has many product lines that are complementary to Maxim's, and we look forward to giving more visibility to Dallas Semiconductor's excellent digital and mixed-signal circuits in both the domestic and the international marketplaces." Mr. Gifford added, "We believe that the cultures of the two companies are closely aligned in their focus on product proliferation and engineering innovation. Dallas Semiconductor has an extremely talented group of professionals, and there is no plan for a workforce reduction." ...Maxim profile
|current STORAGEsearch - News|
more IT news sources for Storage Searchers
|STORAGE portals||Storage Industry Trade
& other info sources
Sun / SPARC news in the
SPARC Product Directory
|STORAGE trade shows & events|
Trends in Data Storage & Retrieval
Mass Storage News
|news for IT
Downes Strategic Marketing
|IT news from
|Daily news for
computer resellers from
enterprise computing news from
|IT news from|
Newsbytes News Network
|High Tech news
The Nando Times
|UK IT Press
|News for Nerds
|IT news with a
UK slant from|
computer news from
|UK IT news
|main index and search engine||storage manufacturers||storage products||add url||articles||Resellers|
|STORAGEsearch is published by ACSL|