Paul Shread

EMC has made an offer to acquire Iomega, its latest play for dominance in the fast-growing consumer and small business storage market. Iomega has rejected EMC’s offer as inadequate, while EMC is suggesting it’s open to further discussions between the two. EMC offered $3.25 a share for publicly-traded Iomega, a 22 percent premium to Friday’s […]

The storage market weathered the economic storm in fine fashion in the fourth quarter of 2007, turning in its best performance in nearly two years, according to IDC. Worldwide external disk storage systems factory revenue grew 9.8 percent in the quarter to $5.3 billion, the best quarter since a 10.3 percent growth spurt in the […]

It’s probably a bit of a stretch to give the storage industry credit for helping end the Curse of the Bambino, but data storage technology did provide a critical boost at the right moment. In game four of the 2004 American League Championship Series, with the Boston Red Sox trailing the archrival New York Yankees […]

Brocade moved to bolster its services business today with the acquisition of Herndon, Virginia-based Strategic Business Systems (SBS). Rob Buergisser, Brocade’s director of services, support and solutions, said SBS’ government consulting business was a key reason for the deal. About 60 percent of the company’s consultants hold a federal security clearance. The deal also gives […]

Sun Microsystems today announced new tape, encryption key management and archiving products, and also open sourced its key management software and the “Honeycomb” archiving technology used in the Sun StorageTek 5800 system. Alex North, Sun group manager for tape and archive solutions, said the product moves are part of Sun’s “open archive” strategy, using open […]

HP has unveiled a new storage array that drops the entry fee to $15,000 for its Enterprise Virtual Array (EVA) midrange line. The EVA 4400 replaces the EVA 4100 for 20 percent less while boosting performance, functionality and scalability, and places the company at the bottom of the $15,000 to $50,000 midrange market, as defined […]

EMC has acquired a startup that specializes in managing personal information, technology the storage giant says could be used across a number of product lines as it moves further into the consumer and services markets. Seattle-based Pi Corporation was founded by 14-year Microsoft veteran Paul Maritz, with help from Warburg Pincus. The company offers software […]

Network Appliance had a busy week, unveiling new storage products for VMware virtualization environments and announcing its quarterly financial results and a reorganization of its small business storage unit. NetApp’s latest products are intended to bolster the company’s claim that it is the best-positioned storage vendor for VMware environments, said Jay Kidd, NetApp’s chief marketing […]

After years of false starts, the online storage services market is suddenly red hot, and vendors just can’t seem to get enough. Dell and Atempo are the latest vendors to make storage-as-a-service moves, acquiring MessageOne and Lighthouse Global Technologies, respectively. Others with recent moves into the space include EMC, IBM and Google. Dell will pay […]

Hitachi Data Systems on Monday unveiled new virtual tape library (VTL) offerings aimed at midrange enterprises. The three new HDS Virtual Tape Library Appliance models — the 500M, 1000L and 1000E — feature high-speed in-line de-duplicationtechnology from Diligent Technologies, with dedupe speeds that can reach 400 MB/sec and a 25 to 1 de-duplication ratio that […]

HP today refreshed its entry-level storage offerings, boosting data protection and availability while keeping prices competitive. The HP StorageWorks 2000 Modular Smart Array (MSA2000) Fibre Channel and iSCSI systems were designed with virtualized server environments in mind. Pricing for the single- and dual-controller storage systems runs from $5,000 to $8,500 without hard drives. A half-dozen […]

Teneros has turned an easy-to-use Exchange protection appliance into a boatload of cash. The Mountain View, Calif.-based company announced today that it has closed on a $40 million funding round, bringing its total haul to date to $84.5 million. The round was led by late-stage technology investment firm Advanced Equities Inc. (AEI), with participation from […]