Feeds

Quantum sells Snap

NAS teenager finally leaves home

  • alert
  • submit to reddit

Build a business case: developing custom apps

Check out The Register's new Enterprise Storage Channel

Quantum is following Maxtor out of the NAS business. It is selling its NAS division for $11.3m to a new company called Snap Appliance Inc., founded out of privately-held Broadband Storage and funded by venture capital.

Quantum intended to spin off its NAS arm a year ago via an initial public offering (IPO), but cancelled the plan when the bottom fell out of the tech stocks market. In effect it has now merged it with Broadband, giving the latter a strong brand and route to market for its technology, which aims to merge SAN-style block access to data and NAS-based file access within a single system.

"It is very very different to the Maxtor case," says Mark Pollard, Snap Appliance's marketing and business development veep. "Quantum sees strategic value in NAS, and sees that continued investment is needed." He adds that Quantum will own a minority stake in the new company, and will continue to sell and support Snap devices outside North America.

"Our goal is to make it easy to manage both block and file storage, they shouldn't be independent islands," Pollard says. "We think it should be more than just a NAS head - it should be a unified device."

Such a device would allow block and file access to a single pool of storage, and with a single point of management, much like the FAS900 from Network Appliance.

The sale will allow Quantum to concentrate on the data protection market, and on sorting out the overlapping product lines and roadmaps that result from its takeover earlier this year of Benchmark, which supplied DLT-compatible tape drives.

Pollard says that, following the deal, Broadband Storage no longer exists. Most of its assets are going to Snap while some, such as work on using Fibre Channel as a fast non-storage network for military applications, will follow ex-Broadband CEO Jack Staub to another new company. ®

Related Story

Quantum Buys Benchmark

Boost IT visibility and business value

More from The Register

next story
Sysadmin Day 2014: Quick, there's still time to get the beers in
He walked over the broken glass, killed the thugs... and er... reconnected the cables*
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
SHOCK and AWS: The fall of Amazon's deflationary cloud
Just as Jeff Bezos did to books and CDs, Amazon's rivals are now doing to it
VVOL update: Are any vendors NOT leaping into bed with VMware?
It's not yet been released but everyone thinks it's the dog's danglies
BlackBerry: Toss the server, mate... BES is in the CLOUD now
BlackBerry Enterprise Services takes aim at SMEs - but there's a catch
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.