The Latest Business News-236272

Posted on September 08, 2005

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  • OuterBay and Hewlett-Packard have entered into a worldwide technology and distribution agreement under which OuterBay's Application Data Management (ADM) Suite will be resold by HP. Under the agreement, OuterBay technology will be integrated into the newly announced HP StorageWorks Reference Information Manager (RIM) for Databases, a turnkey database archiving solution.
  • McData's Sphereon 4400 and Sphereon 4700 4Gbps Fibre Channel switches with McData's FlexPort technology will be available through McData, OEM partners EMC and IBM, and McData resellers and distributors this month. The switches will be available through Hitachi Data Systems sometime later in Q3 2005.
  • Brocade will conduct its third-annual technical education seminar series in 10 cities across North America this fall. The one-day seminars, which are provided at no cost, focus on practical training and education for end-user customers and resellers and will offer strategies to address cost, complexity, and compliance issues.
  • CentrePath has secured $5 million in equity funding. The round, led by Greylock Partners and Pilot House Ventures Group, will be used to expand CentrePath's business and capitalize on the substantial growth opportunity within the optical and storage networking markets.
  • Although not officially announced yet, EMC is reselling backup reporting software from WysDM, formerly SysDM. EMC sells the software under the Backup Adviser brand name as part of its Legato lineup of backup software. WysDM competes with vendors such as Bocada and Tek-Tools. EMC is expected to formally announce the product in October.
  • BlueArc's Titan storage system, in combination with Intel Xeon-powered CommuniGate servers, has achieved a new world record result for SPECmail message capacity and performance, according to company claims. BlueArc's Titan sustained a performance level of 12,500 SPECmail messages per minute, or the equivalent of 2.5 million SPECmail users sending 30 million e-mail messages per day.
  • LeftHand Networks has completed a $25 million round of series C financing from Valhalla Partners, JPMorgan Chase, and all existing venture investors in the company. This latest round of funding brings the total equity investment in LeftHand Networks to $75 million.

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