Enterprise Storage Forum Staff

Data storage systems maker EMC Corp. on Tuesday said it will cut 1,100 jobs, or 4 percent of its global work force, as it tries to reach 2001 revenue growth targets of 20 percent or more, grow market share, and cut expenses. The company said in a statement it would post a one cent charge […]

Maxtor Corporation today announced that it has filed a registration statement with the Securities and Exchange Commission for the sale to the public of up to 28.3 million shares of Maxtor common stock owned by Hynix Semiconductor America Inc. (HSA), formerly Hyundai Electronics America, in an underwritten offering. In addition, Maxtor and HSA have entered […]

EMC Corporation, Cisco Systems, Inc. and Oracle Corporation this week announced the second major expansion of their ECOstructure (EMC/Cisco/Oracle Infrastructure) initiative with the unveiling of a new blueprint, entitled Accelerated. The new Accelerated blueprint, the third released in the past 13 months, is available for downloading at the jointly managed Web site: http://www.eECOstructure.com. Accelerated incorporates […]

Vixel Corporation today announced the appointment of Beth White to its executive staff as its new vice president of worldwide marketing. Ms. White will direct the full range of Vixel’s strategic marketing initiatives, including business development, corporate marketing, marketing communications, product and technical marketing and channel marketing. “Beth brings a wealth of business expertise and […]

MTI Technology Corp. this week announced financial results for its fiscal 2001 fourth quarter and year ended April 7, 2001. For the fiscal 2001 fourth quarter ended April 7, 2001, MTI reported total revenue of $34.2 million, compared to $60.6 million for the comparable quarter last year and $42.0 million for the third quarter of […]

John Harwer, President of Bridge Technology, Inc. a data storage and communication components company, today announced the signing of a comprehensive financing agreement that provides Bridge with a $27,000,000 worldwide financing package. This financing will enable Bridge to continue with the execution of its growth plans, both domestically and internationally. Bridge is having a formal […]

Secondary storage vendor MaxOptix Corp. today unveiled its latest DVD-RAM library, a scalable multi-terabyte library that delivers the random accessibility, high reliability and durability of optical disk technology at a price per megabyte that is comparable with tape libraries. The new MaxOptix MXDVD-Enterprise Library, according to the company, provides a scalable design that allows customers […]

nStor Technologies a supplier of enterprise-class computer storage solutions, today announced results for the first quarter ended March 31, 2001. Net loss available to common stock for the 2001 first quarter was $3.6 million, or $0.10 per share, on revenues of $6.2 million, compared with net income of $2.4 million, or $0.06 per dilutive share, […]

IBM says it is the first company to mass-produce hard disk drives using a new type of magnetic coating that is eventually expected to quadruple the data density of current hard disk drive product. According to IBM, the key to this data storage breakthrough is a three-atom-thick layer of the element ruthenium, a precious metal […]

Dantis(SM), Inc. this week announces that EMC Corporation has recognized Dantis as EMC Proven(TM) E-Infostructure(TM) certified. This designation allows Dantis to provide EMC’s E-Infostructure to its managed services clients. EMC E-Infostructure includes disaster protection, global data migration, global data vaulting, global content and site replication, enterprise backup and restoration, global data warehousing, and enterprise connectivity. […]

QLogic Corporation the leading SAN infrastructure provider, this week announced its financial results for the fourth fiscal quarter and fiscal year ended April 1, 2001. Gross revenues in the fourth quarter rose to a record $100.5 million, up 55% compared to the $64.7 million reported for the same quarter a year ago. Fourth quarter pro […]

VERITAS Software Corporation today announced expanded support for the HP, Oracle and Sun platforms at its annual European user’s conference. The company is showcasing new platform solutions and demonstrating multivendor interoperability at the conference, addressing the needs of companies implementing computing and storage solutions across multiple hardware and software platforms. These companies can maximize the […]