Chris Preimesberger

The July 11 merger of two medium-size enterprise data security companies into a formidable, $250 million-per-year corporation could create a new force in the enterprise gateway security market to compete head-on with such established players as Symantec and Trend Micro, analysts say. Security appliance maker Secure Computing, based in San Jose, Calif., announced after market […]

Analysts were surprised by the news July 10 that EMC had readjusted its outlook for the second quarter and blamed its misread on an “unfavorable inventory mix” due to a high number of late orders for two of its storage systems. Shares of EMC, based in Hopkinton, Mass., fell nearly 7 percent to close at […]

Sun Microsystems is coming out with the latest of its Opteron-based Galaxy servers, including its first system that will give the hardware maker a presence in the fastest growing and highly competitive blade space. At an event in San Francisco July 11, Sun officials—including CEO Jonathan Schwartz, Executive Vice President of Systems John Fowler and […]

Iomega, whose inexpensive external Zip and Jazz storage disk drives peppered the SMB landscape in the early part of the decade, announced July 11 that it has acquired CSCI, a privately held managed services and IT outsourcing company. Iomega CEO Jonathan Huberman, who joined the San Diego-based company in February, told eWEEK that the transaction […]

CA extended its already substantial storage management portfolio July 11 with the acquisition of privately held XOsoft, a provider of disaster recovery software. Terms of the transaction were not disclosed. The acquisition is CAs third in the last three months, following similar buyouts of automated job scheduling provider Cybermation and MDY Group International, a provider […]

EMC president and CEO Joe Tucci said his companys decision to buy RSA Security for $2.1 billion makes sense in a world where data continues to grow and security is a constant concern. And while financial and industry analysts were mixed in their views on the acquisition—why pay so much for a company that made […]

Microprocessor manufacturer Advanced Micro Devices waited until after business hours July 6 to announce that it has cut its sales forecast for Q2, saying it expects income from its chips to fall 9 percent from its first-quarter results. The Sunnyvale, Calif., company had previously forecast that sales would be flat to slightly down from the […]

Sun Microsystems and Imation said July 5 that they have agreed to jointly develop and launch a new version of the Sun StorageTek T9840 drive platform. The product is scheduled for delivery in early 2007 and aims to increase the capacity of its half-inch tape cartridges to 75GB from the current 40GB, a 53 percent […]

While analysts have been all over the dartboard judging the value of data storage giant EMC’s $2.1 billion cash purchase of RSA Security, investors at the New York Stock Exchange reacted very sharply, as EMC’s stock price tumbled 7 percent the day after the merger was announced. “They paid an awful lot of dollars,” Steve […]

PC maker Gateway, not well-known for its storage portfolio, introduced three additions to its line of enterprise data storage products June 29—a storage area network and two automated tape backup systems. The E-842R is an entry-level SAN in a rack-optimized storage enclosure. The E-824R DLT-V4 SuperLoader 3 and E-826R automated tape backup systems incorporate more […]

The executive trickle-down effect—which started with Jonathan Schwartz replacing Scott McNealy as CEO in April—is delving deeper into Sun Microsystems, which said June 29 that it has reconfigured its storage division and named a new vice president to run the storage marketing operation. The Santa Clara, Calif., company has consolidated its tape, disk, software, storage […]

An IBM-led group of 10 data storage vendors initiated an open-source project on the Eclipse Foundation community Web site June 28 to build a new API for developing software that manages storage devices and the networks in which they reside. The group, Aperi (from the Latin, meaning “to open”), was founded in the fall of […]