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| OAKDALE,
Minn - January 19, 2006 - Imation Corp and Memorex International,
Inc, today jointly announced that they have entered into a definitive
agreement under which Imation will acquire Memorex in an all cash transaction
for $330 million. Additional cash consideration ranging between $5 million
and $45 million would be paid out over a period of up to three years after
close, contingent on financial performance of the purchased business. The Boards
of both companies have approved the transaction. "We are gaining a powerful consumer brand and global market share leader in recordable CDs and DVDs as well as an experienced management team under the leadership of Mike Golacinski. Added to our technology expertise, strong B2B brand, global footprint, broad product portfolio and industry experience, we are creating a new global powerhouse in the data storage industry." said Bruce Henderson, Imation Chairman and CEO. ...Imation profile, ...Memorex profile, Storage Media, Acquired storage companies IRVINE, Calif. - January 19, 2006 - I/OMagic Corp announced today that it is about to ship the new GigaBank 8.0 which provides 8GB of storage in a miniature lightweight USB unit. The GigaBank is small (2"x0.5"x2.5") and lightweight (less than two ounces) and it requires no battery or power adapter. When not in use, the USB connector can be conveniently tucked into the enclosure. It comes with a USB extension cable for hard to reach USB ports. The GigaBank 8.0 supports Windows XP/2000/ME/98SE and has an introductory MSRP of $199.99. ...I/OMagic profile, USB storage SCOTTS VALLEY, Calif. - January 18, 2006 - Seagate Technology today reported revenue for the quarter ended December 30, 2005) of $2.3 billion - 24% growth compared to the year ago period. Net income doubled to $287 million. Commenting on these results Bill Watkins, Seagate president and CEO said "Over the last 12 months, the industry shipped 380 million disk drives totaling a massive 35 million terabytes of storage - an increase of 60% from 2004. This underscores the enormous proliferation of digital content and the need for mass storage in the growing number of consumer electronics devices as well as across the computing landscape. As more and more content providers unlock digital content for users, Seagate will play an enabling role in this trend. We're pleased to deliver another great quarter and look forward to continued strong operating results in the second half of the fiscal year." ...Seagate profile, Hard disk drives Mary Esther, Florida - January 18, 2006 - QStar Technologies, Inc. and Data Distributing today announced a strategic partnership agreement to distribute QStar storage management software products throughout North America. The partnership provides Data Distributing with a single source storage management solution that satisfies 14 operating systems and support for hundreds of device types, many of which are required for the heavily regulated medical industry. "Data Distributing is an innovative and proactive leader in medical archive solutions and professional services", said Todd Deveney, Vice President of Sales for QStar Technologies, Inc. "They will be key to our continued success in North America, providing a program that offers resellers and integrators a focused effort including HIPAA and Dicom compliant products, support, and channel recruitment programs. We expect our partnership to reinforce and expand our presence within the Healthcare, Life Science, Video Entertainment and other heavily regulated industrial sectors." ...QStar profile, ...Data Distributing, Storage VARs, Optical Libraries Editor:- January 18, 2006 - STORAGEsearch published a new article today called - "Squeak! - the Top 10 Storage Software Companies." This is the 5th annual edition of this popular report. The ranking (based on analyzing millions of pageviews from over 640,000 readers during 2005) shows what readers are actually interested in. ...read the article, Backup Software, Storage Software LOS GATOS, CA - January 18, 2006 - ONStor today announced that it secured a leading position among NAS Gateway deployments in a recent study conducted by TheInfoPro. The study ranked ONStor among the top 3 NAS Gateway suppliers. For the study, TheInfoPro surveyed 300 IT leaders from a range of firms, including more than 150 Fortune 1,000 companies. Respondents were asked which vendor's NAS Gateway solutions they now implement or plan to deploy in the near future. Only EMC and Network Appliance were named more often than ONStor by responders in the study. "Virtual Server technology from ONStor provides the lowest overall cost and highest performance and availability on the market for our NAS Gateway needs," said a survey respondent from a Fortune 500 media company. Other interview results from companies with revenue from $1 billion to $40 billion praised ONStor for its heterogeneous NAS gateways that enable open storage and are interoperable with SAN solutions from other vendors. TheInfoPro study indicates that 55% of respondents will spend more on NAS in 2006. ...ONStor profile, ...TheInfoPro profile, storage network routers San Jose and San Francisco, CA - January 18, 2006 - Samsung Electronics Co., Ltd. today announced that its Flash and DRAM memories are core elements in the first single-use digital still camera and single-use digital video camcorder in the United States designed by Pure Digital Technologies . Pure Digital Technologies estimates that the worldwide market for single-use still cameras is approximately 450 million units annually. In addition, the company's new single-use video camcorder is creating a product category with the potential of tens of millions of units. Each Pure Digital consumer product offering is powered by Samsung memory. ...Samsung profile, ...Pure Digital Technologies, Flash NEW YORK, NY - January 17, 2006 - Celebrating the company's 25 year anniversary, LSI Logic president and CEO, Abhi Talwalkar, and chairman of the board, Wilf Corrigan, will ring The Closing Bell at the New York Stock Exchange (NYSE) on Thursday. Founded in 1981 by Wilf Corrigan to address the emerging market for custom semiconductors, today LSI Logic delivers a broad portfolio of capabilities, from custom silicon to complete systems, for customers in the large and rapidly-growing sectors of the Consumer, Communications and Storage markets. During its 25-year history, LSI has amassed more than 3,000 patents and countless industry firsts, including: the first single-chip embedded graphics controller, the industry's first single-chip hard disk drive and DVD recorder processor, the first Fibre Channel and Serial ATA storage arrays and the first single-chip 3Gb/s Serial Attached SCSI controller IC. LSI Logic's technology milestones have earned the company two Emmy awards and product placement in the permanent collection of the Smithsonian Institution. ...LSI Logic profile, storage history, Storage People Editor's comments:- see also my article - "Passing of an Era - LSI Logic to go Fabless " at the foot of the storage chips page. Waltham, MA - January 17, 2006 - XOsoft today announced an alliance with BMC Software, Inc. as part of which BMC SQL-BackTrack will integrate XOsoft's replication technology WANSync. By tightly integrating backup, replication and recovery products into a unified solution, BMC SQL-Backtrack customers will be able to achieve enhanced Recovery Time Objectives (the amount of time needed to restore a system from an established backup), as well as more granular Recovery Point Objectives - providing the closest consistent restore point available. ...BMC profile, ...XOsoft profile SUNNYVALE, CA - January 17, 2006 - SanDisk Corp today announced that it completed the acquisition of Matrix Semiconductor, Inc. Matrix 3-D Memory is used for one-time programmable storage applications where low cost is the paramount consideration, such as video games, music and other content, and for archiving. The acquisition consideration included approximately 3.7 million newly issued SanDisk shares, the assumption of equity incentives which could result in the issuance of approximately 600,000 additional shares of SanDisk stock, and cash of approximately $14 million. ...Matrix Semiconductor profile, ...SanDisk profile, Flash, Acquired storage companies ALISO VIEJO, Calif. - January 17, 2006 - QLogic Corp. today announced the industry's highest Fibre-channel performance with its new SANblade Pro 2440 and 2460 families of enterprise 4Gb HBAs. Based on independent side-by-side testing, the SANblade Pro 2440 Series HBA achieved 202,000 I/Os per second read performance and 150% faster write performance than the enterprise-class HBA tested from the primary competitor. The high-end SANblade Pro 2460 Series HBA achieved even higher performance with a dramatic 304,000 I/Os per second. ...QLogic profile, Fibre-channel adapters, Record Breaking Storage BOULDER, Colo. - January 16, 2006 - LeftHand Networks today announced its 1,000th customer installment, surpassing other iSCSI SAN competitors in the market. LeftHand says it is now the clear technology leader in the Open iSCSI SAN market with over 3,000 systems installed in multiple industries and more than 20 OEMs shipping its SAN/iQ software. In addition, LeftHand has attracted new customers in manufacturing, government, healthcare and education, resulting in a year-over-year doubling in sales. "Reaching our 1,000th customer is a true milestone for our company because it demonstrates strong market adoption for industry standard platforms powered by LeftHand SAN/iQ," said Bill Chambers, founder and CEO of LeftHand. ...LeftHand Networks profile, iSCSI SCOTTS VALLEY, Calif. - January 16, 2006 - Seagate Technology has begun shipping the industry's highest capacity 2.5-inch notebook PC hard disk drive - the Momentus 5400.3 with 160GB of capacity. It's a 5,400-rpm drive that operates with 4,200-rpm power efficiency to extend battery life. "The trend is clear: the number of notebook PC users is growing, and they demand higher capacity disk drives," said John Rydning, IDC's research manager for hard disk drives. "IDC estimates that Notebook PCs with 80GB or more of disk drive capacity will grow from less than 10% of notebook shipments in 2004 to nearly 50% in 2006" ...Seagate profile LONGMONT, Colo. - January, 16, 2006 - COPAN Systems, a leading provider of intelligent storage solutions that unlock the value of long-term data, today announced the appointment of Mark B. Ward as President and CEO. Ward will oversee all daily operations and will be responsible for driving COPAN's overall growth strategy as the company builds on the growing demand for its enhanced MAID (Massive Array of Idle Disk Solutions)-based storage solutions. Ward brings over two decades of storage industry leadership experience to COPAN at both the start-up and global enterprise level. Most recently, Ward was Managing Partner at Ward Capital LLC where he devoted his time and energies to developing sales, marketing and business strategies along with investing in emerging cutting-edge storage companies and technologies. Prior to this, Ward served as Vice President and General Manager of North American Sales at StorageTek where he consistently delivered sequential revenue growth. Prior to StorageTek, Ward served as Managing Partner of Enterprise Storage Ventures LLC where he drove investment and managed a portfolio of storage start-ups. Ward was also founder and CEO of GiantLoop Network, a leading provider of rich data center networking software and services. Ward also accumulated over 14 years of top management experience at EMC, where in his last position he served as VP of Worldwide Marketing, Software, and Professional Services. ...COPAN Systems profile, Storage People, NAS |
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| storage history (1949 till last week) | STORAGEsearch | SPARC Product Directory | ACSL - the publisher |
