Feeds

Plasmon licenses IBM technology for tape push

MagStar MP selected for own-branded tape library systems

  • alert
  • submit to reddit

New hybrid storage solutions

CD-ROM and MO storage specialist Plasmon has licensed IBM's MagStar MP 3570 tape drive systems to power a new line of Plasmon-branded tape storage library systems. According to analysts, the deal could boost Plasmon's sales by 25 per cent. The agreement grants Plasmon worldwide rights to MagStar MP technology to be included in mid-range library systems aimed at open systems environments. It's a market that Plasmon has so far ignored, focusing instead on the optical storage media. The first MagStar MP-based products are due to ship in Q4 1998. "This agreement allows Plasmon to leverage its broad expertise in optical automation into the fast growing tape automation marketplace," said Plasmon chief executive Nigel Street. Both Dataquest and the Gartner Group reckon the tape library market is worth $1 billion, said Plasmon. Worldwide shipments of library systems are expected to double over the next three years. Plasmon already produces various tape drives for other manufacturers, including IBM, a business that accounts for £27 million of the company's overall sales of £40 million, according to Henderson Crosthwaite analyst Richard Dyett. Dyett reckons that the IBM-based product could boost sales over a two to three-year period by 25 per cent. However, "it will take time for Plasmon to establish a reputation in this field because it has never produced this style of produce before", he added. ® Click for more stories

The next step in data security

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Protecting users from Firesheep and other Sidejacking attacks with SSL
Discussing the vulnerabilities inherent in Wi-Fi networks, and how using TLS/SSL for your entire site will assure security.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.