Recent Articles
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LSI Buys Flash Storage Processor Specialist SandForce
LSI, which specializes in networking and storage software and semiconductors, is planning to buy SandForce, which makes flash storage processors for enterprise and client flash solutions and solid-state drives (SSDs). Under the agreement announced Oct. 26, LSI will pay about $322 million, and will assume about $48 million of unvested stock options and restricted shares held by…
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Zenith Infotech Default Heads to Bombay High Court
Zenith Infotech’s bondholders, QVT Financial, have sued and will take the cloud company to a Bombay court on Wednesday, just a few weeks after Zenith Infotech defaulted on repayment of its bonds. Moneycontrol.com reports the case will be heard in Bombay High Court on Oct. 26 and has been filed against Zenith Infotech, its promoters,…
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Storage Market Gets a Boost From Cloud Computing
Cloud computing will be a key driver of net new IT spending over the next five years as public cloud service providers and the adopters of private cloud environments invest in the supporting infrastructure, according to a forecast from International Data Corporation (IDC). Overall spending by public cloud service providers on storage hardware, software, and…
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EMC Promises to Continue Push to the Cloud
FOXBORO, Mass. — EMC executives say that the company–not only with its expanding storage portfolio but also its expertise in virtualization, security capabilities and strong management software–is at the forefront of business migration to the cloud-computing model. When EMC on Oct. 18 announced that third-quarter revenues jumped 18 percent over the same period in 2010,…
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Quantum Debuts vmPro Backup Appliance, Software
Data protection and big data management Qauntum announced two vmPro virtual data protection offerings, the vmPro 4601 appliance, a turnkey virtual machine backup solution for small and midsize businesses and remote offices and vmPro software, a data protection solution with utilities designed to improve and simplify virtual data protection in midrange and larger data centers.…
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Symantec Launches FileStore N8300 Network Attached Storage Appliance
Storage management and backup solutions specialist Symantec announced enhancements to the FileStore N8300, the latest version of its clustered, network attached storage appliance, designed to help small to medium-size businesses (SMBs) build virtual environments and cloud storage, manage large volumes of data and control the costs of associated storage. Certified for VMware environments, FileStore N8300…