Paul Shread

EMC posted stronger than expected quarterly results Tuesday morning, but the company’s shares fell more than 7 percent in early trading on a tepid outlook for IT spending and disappointing results from its VMware spinoff. EMC’s fourth-quarter sales rose 19 percent to $3.83 billion, handily beating Wall Street analysts’ $3.66 billion consensus estimate, according to […]

Brocade this week unveiled what the company claims is a new class of director switch. The DCX Backbone is the centerpiece of Brocade’s data center networking vision and will compete with rival Cisco’s own Data Center 3.0 initiative. Brocade is positioning the offering as a data center backbone instead of a director because it supports […]

EMC today revealed a little of its plans for its Mozy acquisition — and promised lots more to come. EMC’s initial service for Mozy is a hosted backup offering for desktops, laptops and remote Windows servers built on a new platform the company calls EMC Fortress, a secure, scalable infrastructure that will also power future […]

EMC is adding solid state drives (SSDs) to its high-end Symmetrix DMX-4 storage systems. Bob Wambach, EMC’s senior director of product marketing for Symmetrix, said it took EMC “a number of years” of software development and reliability testing to make the drives ready for enterprise deployment. “This is one of the most significant storage announcements […]

Imation has developed technology that could double the storage capacity of data tapes, but the company first has to find OEMs to develop the drives for it. The storage media giant unveiled its new multi-channel “adjacent-track” write and read tape technology at the Information Storage Industry Consortium (INSIC) Tape Program Quarterly Technical Review in San […]

Network Appliance made a big move today to boost its storage management and automation capabilities with the acquisition of Onaro. Onaro began as a change management startup and has evolved to become a big player in the emerging data center and storage automation space (see Storage and Data Center Automation Begin to Converge). Its most […]

IBM started the new year on the acquisition trail, picking up Israel-based storage startup XIV Ltd. for a reported $300 million to $350 million. XIV makes Nextra, a storage system based on a grid of commodity hardware that includes features such as thin provisioning, snapshots and remote mirroring. The company, founded by former EMC chief […]

For the storage industry, 2007 may be looked back on as the year Dell got serious about storage. After years of heavy reliance on partner EMC, Dell branched out in dramatic fashion this year when it announced plans to acquire iSCSI specialist EqualLogic for $1.4 billion. Dell added to its storage story today with the […]

GlassHouse Technologies has joined the parade of storage companies seeking fortune on Wall Street. The company filed plans with the SEC yesterday for a $100 million initial public offering, led by Goldman Sachs and JP Morgan. The 6-year-old storage and IT consulting and services firm boasted 43 percent sales growth in the first nine months […]

In an effort to speed up Fibre Channel over Ethernet adoption, Intel has open sourced its FCoE initiator technology. “We think storage over Ethernet is a great idea,” said Intel storage planner and technologist Jordan Plawner. “We’ve open-sourced the FCoE initiator, which is the first step to getting native OS support over time. We believe […]

Onaro has added support for network-attached storage (NAS) and VMware to its SANscreen data center automation offerings. Bryan Semple, Onaro’s vice president of marketing, said server teams are “blind” to half the infrastructure — storage — that they need to operate virtual machines. Onaro hopes to change that with its latest offerings, NAS Insight and […]

nCipher has acquired the assets of NeoScale Systems after the storage security vendor wound down operations. nCipher, a key management specialist, paid $1.95 million for most of the intellectual property and assets of NeoScale. NCipher picked up NeoScale’s CryptoStor tape encryption product and KeyVault key management technology, but did not acquire the company’s disk encryption […]