Storage spending slowing already
Posted by: Dave Raffo
The spending slowdown most storage industry people are expecting to hit in 2009 has already begun, according to new research from TheInfoPro...
Brocade cleared its final hurdle to its $2.6 billion acquisition of Ethernet networking firm Foundry Networks today when Foundry's shareholders approved the deal. In Brocade's release announcing the approval, the Fibre Channel switch vendor said it expects to close the deal Thursday. Brocade also...
Who you gonna call...
While most organizations are likely planning to trim their IT budgets next year, a lot of them are also no doubt finding that cutting storage capacity will be difficult if not impossible. Take Victaulic...
NetApp today quietly pulled the plug on its SnapMirror for Open Systems (SMOS) heterogeneous data replication software, acquired from startup Topio for $160 million in 2006. In a press release posted on...
With sales of EMC storage systems sold through Dell on the decline, EMC CEO Joe Tucci declared last October "there's a lot more we could and should be doing together" to strengthen the EMC-Dell...
I had an interesting conversation today with TheInfoPro's managing director of storage research Rob Stevenson about the results of his firm's latest survey of 250 Fortune 1000 and midsize enterprise storage users. Fortune 1000 users surveyed by TIP cited block virtualization as having the...
Overland Storage's employees and partners received an early Thanksgiving present last Wednesday when the struggling tape and disk vendor secured financing for up to $9 million of its domestic accounts receivable. Marquette Commercial Finance will finance Overland's accounts receivable. Accounts...
Like the rest of corporate America, storage companies will spend the holiday season implementing cost-cutting measures to get through the current financial crisis. Quantum today kicked off Thanksgiving week by disclosing it is chopping 180 jobs - about 8% of its workforce - and people inside the...
Although proponents of 10 Gigabit Ethernet point to virtual servers, iSCSI, and Fibre Channel over Ethernet (FCoE) as reasons it will catch on in storage, it has yet to do so. But vendors continue to build out the infrastructure in hopes of making 2009 - or 2010 at the latest - the year of 10...
