STORAGEsearch - news
2001, July - week 1, news archive
- Venture funds in storage - from Jan 1, 2000 till today
| July 6, 2001 - Vixel Corporation today
announced that they are working with Xyratex to deliver interoperable 2
Gb/s Fibre Channel solutions to the SAN marketplace. The announcement
follows the success of Xyratex's demonstration of 2 Gb/s interoperability at
The Fibre Channel European User Symposium, presented by the FCIA Europe in
Maastricht last month. By working together to provide interoperability between
their new 2 Gb/s products, Vixel and Xyratex are driving new levels of high
performance and ease of implementation for VARs, Resellers and end users.
"Xyratex is working with the industry's leading Fibre Channel developers and we're pleased to be one of the first storage vendors to demonstrate interoperability with Vixel and other vendors at the FC Event in Maastricht in early June. It shows that all the vendors that took part are amongst the most advanced within the industry and we have every intention in working with these partners to further develop 2Gb and future technologies", said Matt Cornell, senior VP of business development, Storage Systems at Xyratex.
"Ease of implementation and ability to deliver truly interoperable products to solve end user problems is dependent on successful vendor partnerships," said Claude Lorenson, senior product manager for switches and solutions, Vixel Corporation. "This joint demonstration of real time 2 Gb/s storage applications is further proof of our commitment to interoperability." ...Vixel profile, ...Xyratex profile
See also:- Fibre channel switches, Test equipment
Houston, Texas-July 5, 2001 - Texas Memory Systems, manufacturers of the World's Fastest Storage, announced today that the RAM-SAN has been verified by Brocade Communications Systems, Inc. as interoperable with Brocade-based SAN infrastructure in testing conducted through the Brocade Fabric Aware Program, an end-to-end interoperability initiative for enterprise SANs. The program is a comprehensive testing and configuration initiative designed to foster end-to-end SAN interoperability in heterogeneous Brocade-based SAN environments.
Testing was conducted at the Brocade interoperability labs, which are state-of-the-art facilities supporting end-to-end interoperability and performance testing of SAN products in multi-vendor and large fabric SAN environments. The Brocade Fabric Aware Program has added more than 40 partners since its launch in 2000. In addition, as part of its investment in SAN interoperability, Brocade actively supports its partners' interoperability initiatives.
"Texas Memory Systems is delighted to be the first manufacturer of Solid State Disks to complete Brocade's Fabric Aware interoperability testing," said Woody Hutsell, Marketing Director for Texas Memory Systems. "SAN interoperability continues to be a major concern for our customers and the Brocade Fabric Aware program is an ideal way for us to demonstrate that our hardware is interoperable with industry leading SAN components."
Brocade conducted extensive testing of the Texas Memory Systems RAM-SAN solid state disk, the World's Fastest Storage. The RAM-SAN eliminates I/O bottlenecks in SANs, by storing frequently accessed data on high-speed SDRAM. In addition to 20-microsecond latency for data access, the RAM-SAN provides 3GB per second of bandwidth and 750,000 random I/O's per second through 15 Fibre Channel interfaces. The RAM-SAN is perfect for storing the frequently accessed tables associated with multi-user relational databases, streaming video, and high-throughput data acquisition. For the first time, a solid state disk provides a price:performance ratio better than RAID. ...Brocade profile, ...Texas Memory Systems profile
UK - July 3, 2001 - StorCase Technology, formerly the Storage Products Division of Kingston Technology Company, has signed a distribution agreement with the UK's largest storage-centric distributor Ideal Hardware. The deal will allow StorCase to benefit from Ideal Hardware's UK-wide relationships with corporate resellers and dealers with the StorCase InfoStation family of new generation RAID and disk enclosures for server attached NAS and SAN applications. InfoStation is an intelligent and rugged steel rack mount or tower chassis designed to reliably house up to nine 3.5 inch half-height, single-connect (SCA) SCSI drives with data transfer rates of more than 18,000 IOPS through U160 or fibre host connections.
"As our products evolve it is crucial that we keep our channel partnerships accurately tuned to exploit the key benefits of the technology that we produce. It makes sense for us to cement our business with distributors capable of operating with our newer range of products. I'm confident that Ideal Hardware's emphasis on complete storage solutions rather than individual building block components, will help to ensure continued commercial success for InfoStation," said Ajay Lukha, European director, StorCase Technology.
"StorCase's product and channel strategies reflect a forward-looking and considered approach to the changing shape of the storage market and the true nature of customer needs," said Fergus Campbell, SAN product development manager at Ideal Hardware. "Building this distribution agreement has meant working through a rigorous selection and accreditation process, but we're familiar with professional standards and we aim to continue to develop OEM partnerships with best-in-class vendors such as StorCase." ...Ideal Hardware profile, ...StorCase Technology profile
MILPITAS, Calif., July 2, 2001 - Adaptec, Inc. today announced the acquisition of Platys Communications, Inc. of Santa Clara, Calif. The acquisition accelerates Adaptec's ability to provide IP Storage connectivity for three key high-growth IP Storage markets, namely: SAN (iSCSI end-to-end connectivity); Switches (Fibre Channel extension and routing); and NAS (iSCSI and TCP/IP connectivity).
Platys, founded in 1997, develops and markets advanced storage networking products, including highly differentiated iSCSI ASICs, scalable to 10Gbit. Adaptec has led the market in providing iSCSI interoperability, with software expertise in both host and target side devices.
"Platys Communications has extremely impressive products, technology and people. They bring a unique combination of ASIC strengths in storage routing and iSCSI acceleration that complements the interoperability testing expertise Adaptec has been providing to early adopters of iSCSI," said Bob Stephens, president and CEO of Adaptec. "It's an exciting new development to be able to offer Adaptec customers Platys-based silicon that is scalable to 10Gbit, which we believe is well ahead of the competition. We plan to inject this technology quickly into our OEM customer base and into our RAID products."
Adaptec's acquisition of Platys Communications involves a stock and cash transaction of approximately $150 million in value, and is expected to close this quarter. ...Adaptec profile
Fremont, CA, US, Jul 02, 2001 - 3PARdata announced today that it has secured $100 million in third-round financing from its strategic business partners, its international partners and the financial community. The round was led by Amerindo Investment Advisors and 3PARdata's original investors, Mayfield and Worldview Technology Partners, who participated for the third time. Key strategic investors included Sun Microsystems and VERITAS Software, and Oracle Corporation, which invested for the second time. The funds raised will sustain the company through profitability and will be used for product and solution development, manufacturing, sales force expansion and bringing 3PARdata's products to market.
"3PARdata's Carrier-Class storage servers will provide an optimized solution wherever organizations wish to share access to information across the enterprise to improve strategic decision making or wish to share storage assets efficiently and securely between multiple customers", commented David Scott, President and CEO of 3PARdata, Inc. "We will achieve this while significantly reducing overall Total Cost of Ownership for those implementing either internal or external service provider business models."
Scott, a 17-year Hewlett-Packard Company veteran and former General Manager of its XP Enterprise Storage division, is joined by several industry recognized experts to form 3PARdata's strong executive team. These executives include Ashok Singhal, Chief Technology Officer, who was the chief architect of three generations of Sun servers, Jeff Price, Vice President of Engineering, Sun's former head of engineering for servers, Gabe Gotthard, Vice President of Marketing and Business Development, a 15-year HP veteran who managed Inbound Marketing for the Enterprise NetServer group, Paul Harvey, Vice President of Customer Satisfaction, who held the same position at Amdahl and Lucent, and Bob Rando, Vice President of Sales, who previously held senior executive sales management posts at Hitachi Data Systems, Hewlett-Packard, Data General Corporation and EMC Corporation.
"The size of this round during the current investment climate and the caliber of the investors is indicative of the quality of the technology, people and strategy of 3PARdata," commented Kevin Fong, Managing Partner of Mayfield and member of the Board of Directors of 3PARdata. ...3PARdata profile
SAN JOSE, Calif. and MOUNTAIN VIEW, Calif. - July 2, 2001 - BlueArc today announced the opening of its new corporate headquarters in San Jose, Calif. The new office space provides the company with ample room for growth and expansion, and fully integrates the latest in available networking and conferencing business technologies. The company's new corporate headquarters are located on 225 Baypointe Parkway in San Jose, the heart of the Silicon Valley, near Zanker Road off of Highway 237.
"Our new corporate headquarters in San Jose will give BlueArc the flexibility that we need as we grow our customer install base and expand as a company," said Enrico Pesatori, president and chief executive officer of BlueArc. "The building's vast resources provide us with a strong base of operations to continue our product development, ramp up manufacturing and shipment of our Si7500 storage systems, and continue to grow our corporate sales, marketing, services and administration infrastructures." ...BlueArc profile
SAN DIEGO, July 2, 2001 Independent industry research firm IDC has released a report that shows JNI® Corporation surpassed two captive manufacturers to become the #2 Fibre Channel HBA manufacturer in revenue, increasing its overall market share to 18.4% of the total market. In addition, the IDC research predicts overall Fibre Channel HBA factory revenue will grow from $535 million in 2000 to $2.2 billion in 2004. The news comes from a just-released research document from IDC entitled "2001 Worldwide Fibre Channel Host Bus Adapter Forecast and Analysis, 1998-2004."
Although the IDC research shows the top three manufacturers now hold the majority of the HBA market, no company holds more than one-third of the market. IDC expects this consolidation trend to continue, as leading server manufacturers look to independent HBA manufacturers for such products as PCI-X and 2 Gb HBAs, and to work with new operating systems, CPUs and other advancements made by server companies.
"JNI continues to dominate the Solaris and high-end enterprise-level market for HBAs," said Neal Waddington, president and CEO of JNI Corporation. "We've built that high-end market share on a five-plus-year track record of quality, service and support."
The IDC research shows a long-term robust market, despite recent downturns in capital spending. IDC believes Fibre Channel HBA revenue is expected to grow to $616 million in 2001, and to more than $1 billion in 2002. ...IDC profile, ...JNI profile
Editor's note:- although Fibre-channel has been around for many years, it's still got low penetration in most company networks compared to the ubiquitous and ever improving Ethernet. There are 23 independent manufacturers of Fibre-channel adapter cards listed on this web site, and we can expect to see more new entrants as the size of the market expands.
Bothell, WA, July 2, 2001 - Vixel Corporation today announced that it has effected its first end user shipment of its new 9000 Series 2 Gigabit per second Fabric Switches. The six switch shipment, which occurred on Friday, June 29th, the day following Vixel's announced General Availability date, is bound for a UK-based end user who will employ the new technology in a manufacturing test environment SAN.
Simultaneously, Vixel has launched a "cost-aggressive" upgrade program that enables users of Brocade's legacy 1 Gigabit technology switches to upgrade to 2 Gigabit Speed SANs by implementing Vixel's 9000 Series switches. This past Friday's shipment is the industry's first end user shipment of 2 Gigabit Fibre Channel Fabric switch technology into an end user environment and represents the first phase of a 51 switch total implementation. Effective immediately, Vixel is extending an offer to Brocade 1 Gb/sec switch end users to participate in a free upgrade program that allows them to trade-in their legacy switch for a new Vixel 9000 Series 2 Gb/s switch at no cost. Users of multiple switch SANs can exchange their first Brocade switch at no cost and obtain five additional switches at a 50 percent discount. The offer is limited to the first 25 end users that supply Vixel with purchase orders and ends on September 30th, 2001.
Beth White, Vice President of Marketing for Vixel Corporation commented, "Interestingly, our first 2Gb/s switch end user does not fit into what we regard as the traditional early adopter profile. Demand for Beta and qualification units from solutions partners, OEMs and channel partners alike severely outstripped our original supply estimates, so I believe that the industry is positioned favorably to adopt the new 2Gb/s technology."
In terms of Vixel's Brocade legacy switch upgrade program, White adds, "Why should Brocade users have to wait an undetermined amount of time to have access to the latest technology? Two gigabit HBAs, storage products and software are all shipping now, so our free upgrade program is a natural extension of the market's direction. Vixel can make use of some Brocade legacy switches to demonstrate interoperability and backward compatibility to new customers. Beyond that, as a Pacific Northwestern company we are, of course, environmentally conscious."
Vixel's New 9000 Series Fabric switches employ a unique crossbar switching architecture for superior performance and are the only Fibre Channel fabric switches that employ a no-single point-of-failure at the port level design. With the highest READ rates and frame buffers per port in the industry, Vixel switches are perfect for rich media applications and are designed to support sustained performance levels under heavy load conditions. ...Vixel profile
Munich, Germany July 2, 2001 Infineon Technologies AG (FSE/NYSE: IFX) today announced that it intends to proceed with a public offering of up to 60 million newly-issued shares, including approximately 7.8 million shares included in the underwriters' over-allotment option. The shares will be issued by Infineon from its authorized capital in a capital increase without pre-emptive rights. No shares will be offered by any of Infineon's existing shareholders. The offering will take the form of simultaneous public offerings in Germany and the United States and a private placement to international institutional investors in the rest of the world. Infineon's shares are listed on the Frankfurt Stock Exchange and its ADSs (American Depositary Shares) are listed on the New York Stock Exchange. The company intends to use the net proceeds resulting from the offering to fund future capital expenditures and potential acquisitions, to repay short-term debt, and for working capital and other corporate purposes. It is currently anticipated that the sale of shares in the offering will take place on or about Friday, July 13. Goldman Sachs is the Global Coordinator for the Offering. A copy of the prospectus can be obtained from Goldman Sachs. ...Infineon Technologies profile
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