Big Tech Takes Storage Market Hit From Stand Alones

NetApp Inc.'s (NTAP) chief executive claims that tech companies that provide servers are "losing ground" to stand-alone storage companies, reports Nasdaq, and will have trouble maintaining their investments in the sector. Hewlett-Packard Co. (HPQ) and International Business Machines Corp. (IBM), sell servers along with a series of other products and services, but are losing traction in the storage market--despite recent acquisitions--to companies that focus exclusively on that sector..

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"’Almost no one buys storage from a server company unless they buy their servers there,’ Georgens said. ‘Over time, server companies will have difficulty sustaining investment in this space.’"

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