storage market

News

• Vendors have Vision for future storage

  Vendors have Vision for future storage

• Computer History Museum to highlight storage

  Computer History Museum to highlight storage

• 3PAR finds HP's offer superior

  Storage technology firm 3PAR confirmed late Friday that its board has accepted Hewlett-Packard's acqusition offer of $US30 per share, ending more than a week of competitive bidding with Dell.

• FalconStor, Violin team on SAN accelerator

  FalconStor Software Inc. and Violin Memory Inc. today announced a new appliance aimed at accelerating data transfers on storage area networks (SAN) through the use of solid state drives as a massive cache.

• Three data storage start-ups buck trend, grab $US28 million in venture capital

  Three data storage start-ups have landed more than $US28 million in first-round funding from venture capitalists, a rare feat in an economy that has punished new vendors looking to obtain financing.

• EMC lures away Intel executive; Tucci to stay as CEO until 2012

  EMC has remade its management team by luring a high-ranking executive away from Intel, potentially setting up a succession process to replace chairman and CEO Joe Tucci, who will stay at EMC through 2012.

• AmeriVault, NTG merger produces a storage services provider

  Backup provider AmeriVault Corp. and managed services provider Network Technology Group Inc. (NTG), both owned by Provider HealthNet Services Inc., Monday announced plans to join forces as Venyu Inc., which will offer data backup, disaster recovery and managed data center services to small- to mid-sized businesses.

• Storage vendor Sepaton gets US$15.5 million in financing

  Storage vendor Sepaton has secured a sixth round of financing worth US$15.5 million, the company announced Monday.

• Sun upgrades virtual desktop storage, lacks offline access

  Sun is overhauling its virtual desktop software with new features that reduce storage needs by creating clones of virtual machines, and let users operate multiple virtual desktops on the same client.

• IDC: Storage revenues drop, but capacity shipped grows

  IDC's quarterly data storage sales report shows that quarterly revenue for worldwide storage systems was down 5.9% in the last quarter of 2008 compared to a year earlier. But the capacity shipped increased by 27.3% year-over-year to a total of 2.46 petabytes.

• Sun launches new 'flagship' midrange arrays

  Sun Microsystems Tuesday announced two new midrange, modular disk arrays that double the capacity, memory and throughput of its previous 6500 series arrays.

• Storage sector split about impact of downturn

  The UK storage industry is split on the impact that the current economic downturn will have on IT's purse-strings, according to a new survey from Hitachi Data Systems.

• Storage market thrives in down economy

  The storage market is thriving despite a tough economy, as exploding digital information growth has forced customers to add more capacity and upgrade to newer storage systems that are faster and more efficient, analysts say.