Adaptec buys Elipsan
Adaptec likes Elipsan's storage virtualisation skills so much that it is buying the company. Terms of the proposed acquisition of Bristol-based Elipsan are undisclosed.
Adaptec is to integrate Elipsan's virtualisation and business-continuance technology into its RAID systems. Upshot: no more dedicated server or third-party management software needed. So that should deliver an immediate cost saving. Also, tight integration means faster data backup and recovery, Adaptec says.
Adaptec is a major supplier of SCSI RAID storage subsystems. The acquisition of Elipsan shows its commitment to be a big player in end-to-end storage. Storage virtualisation occupies an important enabling position in the storage jigsaw. This technology controls all network storage capacity, wherever it's located within the enterprise, from a single management interface.
Now for a quote from Adaptec CTO Mark Delsman: "As the market continues to migrate from internal to external, and from direct-attached to fabric-attached storage systems, Adaptec is committed to providing the highest levels of functionality, performance and reliability while simplifying storage management and keeping costs down."
Which is nice.
Adaptec yesterday published its fiscal '04 Q3s, pumping out sales of $115m (Q3 FY2003: $109m) and a net loss of $3 million(QE FY 2003: -$3.5m) for the quarter ended 31 December, 2003. ®