Business Briefs

Posted on May 01, 2003

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CNT has signed a definitive agreement to acquire Inrange Technologies, in an all-cash transaction valued at approximately $190 million, or $2.31 per Inrange share. CNT and SPX have entered into an agreement whereby SPX will sell its approximately 91% interest in Inrange to CNT. The remainder of the shares will be acquired at the same price by a merger immediately following the acquisition from SPX.

EMC and MTI Technology have a global agreement whereby MTI will sell EMC Automated Networked Storage systems and software. Also, MTI has become a member of the EMC Authorized Services Network and will provide end-to-end service for the Clariion family.

Finisar has entered into a partnership with Infinity I/O to provide SAN training. Classes range from the basic "Introduction to Fibre Channel SANs" and "SAN Technical Planning and Design," to the more technical "Debugging Techniques for SAN Configurations" and "SAN Boot Camp." Classes also include emerging technology training in areas such as iSCSI, IP storage networks, and InfiniBand. Joint classes will be available this month.

NeoScale Systems has secured $12 million in second round equity funding led by Sevin Rosen Funds, bringing total financing to $25.5 million. Other investors include Bay Partners and Lightspeed Venture Partners.

Veritas Software announced its first end-user certification program, a new component of its Certified Professional Program (VCPP). The program is designed to help companies better manage the performance and availability of critical business applications through in-depth training on the company's storage management software.

Softek has established a partnership with Sanera Systems, whereby Softek SANView SAN software will support Sanera's new data-center class, 1.6TBps switching platform, the DS10000.

Avamar Technologies received $13 million in its latest round of funding. Separately, Computer Media Technologies (CMT), a storage backup and disaster-recovery provider, has joined the Avamar Technologies Alliance Program. As part of the partnership, CMT will resell, implement, and provide professional services for Axion, Avamar's disk-based backup-and-restore appliance. DLT Solutions, NaviStor.Com LLC, a provider of storage, backup, and remote replication solutions, as well as Sales Strategies (SSi), a provider of data availability solutions, have also joined the program.

Crossroads Systems and Quantum have a new channel program that bundles Crossroads storage routers with Quantum ATL P-Series tape libraries to authorized solution providers. The bundle provides resellers with a solution for the latest 2Gb Fibre Channel technology from Crossroads and tape automation from Quantum. Separately, Crossroads and Plasmon announced support of Plasmon's optical, DVD, and tape libraries by Crossroads' current portfolio of storage routers, including the 10000 and 6000.

Storage networking vendors of the SNIA Supported Solutions Forum (SSF) debuted a demonstration of interoperable Fibre Channel switches and directors at the recent Storage Networking World Spring 2003 show. The demonstration featured heterogeneous SANs built with switches and storage devices from Cisco Systems, EMC, Hitachi Data Systems, HP, IBM, Inrange Technologies, McData, QLogic, and Sun Microsystems.

JNI has expanded its reseller agreement with Sun Microsystems, which enables Sun to install JNI FibreStar HBAs at the factory and resell JNI HBAs through authorized Sun channels worldwide.

Atempo has secured $6.2 million in funding, led by Banc of America Equity Partners, KBC Investco, Plantagenet Partners, and Vision Capital.

Adaptec has acquired Eurologic Systems, a provider of external and networked storage solutions, for $30 million, enabling it to expand its product line to include more external storage solutions.

Seagate Removable Storage Solutions (SRSS) has changed its name to Certance. The company is owned by New SAC, a private corporation created by an investment group led by Silver Lake Partners and Texas Pacific Group in connection with the acquisition of the operating assets of Seagate Technology, in November 2000.

SNIA has joined forces with HCL Technologies, a global IT and technology services provider, to create a Storage Management Initiative Specification (SMI-S) test suite. The suite will provide interoperability testing to ensure that multi-vendor storage solutions are SMI-S-compliant.

The Data Storage Division (DSD) of Ovation has contracted with Sony to be its first Master Systems Integrator for Sony-branded S-AIT products. Under this agreement, Ovation will be the first master VAR/SI for new-generation Sony-branded S-AIT tapes, drives, and libraries to VARs and systems integrators in the USA. Separately, DSD has become a strategic partner for Spinnaker Networks. As a SpinPartner, Ovation will resell and integrate Spinnaker's next-generation NAS products and will provide Assure Strategic first- and second-level maintenance and support.

InfiniSwitch has obtained IBM ServerProven status. The InfiniSwitch solution, which includes a 12/24 Port Leaf Switch and a dual-port host channel adapter, passed compatibility testing for three IBM eServer xSeries platforms: the x335, x345, and x440.

Z-force and Rackable Systems, a provider of rack-mount high-density compute server and storage solutions, have announced a NAS solution with up to 72TB of NAS storage, two Z-force file switches, and Gigabit Ethernet networking infrastructure in a single 44U cabinet. Z-force has named Rackable Systems as a "Platinum Reseller Partner."

Legato is integrating Verity's K2 Developer software into its ApplicationXtender. The resulting package will reportedly be a suite of enterprise content management solutions with a search technology that can manage large volumes of data. Verity K2 Developer software also carries out the search functions for the Japanese, Spanish, and Brazilian Portuguese versions of ApplicationXtender.

Tech Data has launched a technical support team for resellers developing technology compliance solutions required by the Health Insurance Portability and Accountability Act (HIPAA). The team consists of systems engineers, technical support, and vendor product representatives and helps resellers develop solutions in technologies like security, storage, and imaging.

Silverback Systems has secured $15 million in its third round of funding, bringing total capital raised to $32.3 million. This round was led by existing investor, Excelsior Venture Partners III LLC, with all previous investors—Gemini Israel Fund, JP Morgan Partners, Newbury Ventures, and Pitango Venture Capital—also participating.

AppIQ announced a channel program designed to broaden the availability of AppIQ Solution Suite to Fortune 1000 and government customers. The company has signed seven charter members, including Accunet Solutions, FedTek, NET Source, Rand Federal, Sales Strategies, Unique Digital, and VeriStor.

Topspin Communications entered into channel sales and marketing partnerships with Total Tec, Microway, Promicro, and Rackable in North America; Miel in Europe; and Sumitomo in Asia for its complete InfiniBand-based switched computing product line.

Inrange Technologies and Nishan Systems have a reseller agreement that will make Nishan's IP storage switches available through Inrange's worldwide sales organization.

—Compiled by Marcy Koff


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