Feeds

Quantum tapes up future with ADIC

Live together, die alone

Boost IT visibility and business value

Storage Expo When two of the last two swingers in tape town tied the knot earlier this year, some interpreted the move as the bell tolling for independent tape vendors. When Quantum bought ADIC for $770m in May, the move was not well received on Wall Street.

The same day as the deal was announced, Quantum announced losses of $23m on the back of a 14 per cent sales slump. Traders duly sent Quantum's shares plummeting from near-$4 in March, to less than $2 a pop at the beginning of August.

The new Quantum came out fighting today at Storage Expo in London, promising investors and customers a new, unique proposition. Quantum, or more specifically head honcho Rick Belluzo, has a plan you see.

The logic behind the tie-up was based on sales reach. ADIC had direct strength with big enterprise outfits, Quantum had better channel relationships. It might have been an acquisition, but Quantum needed ADIC as much as ADIC needed Quantum, or so ex-SGI chief Belluzo seems to reckon.

Quantum has identified still-emerging data-intensive vertical markets like video storage as key attack priorities. Sense says tape should be holding cards at the moment too with the vogue for power thriftiness in data centres.

Added to that, the much-vaunted issue of compliance could play in its favour; smart IT directors will adapt what they already have to bunny-hop new regulations rather than rethinking their whole archiving setup. Quantum is certainly hoping that will be the case, and that its service division will be one of the few that'll still know how to keep the whole shebang going.

The first new product from the marriage is due by the end of the calendar year, though support is continuing for all but one low-end library. Quantum reckons the customers are still there for both companies' kit.

Quantum's marketing bods reckon they'll have turned the corner well before The Reg's suggestion of two years. We'll start the clock November 8 when the firm releases its first combined quarterly results. ®

The essential guide to IT transformation

More from The Register

next story
The Return of BSOD: Does ANYONE trust Microsoft patches?
Sysadmins, you're either fighting fires or seen as incompetents now
Microsoft: Azure isn't ready for biz-critical apps … yet
Microsoft will move its own IT to the cloud to avoid $200m server bill
Oracle reveals 32-core, 10 BEEELLION-transistor SPARC M7
New chip scales to 1024 cores, 8192 threads 64 TB RAM, at speeds over 3.6GHz
Docker kicks KVM's butt in IBM tests
Big Blue finds containers are speedy, but may not have much room to improve
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
Gartner's Special Report: Should you believe the hype?
Enough hot air to carry a balloon to the Moon
Flash could be CHEAPER than SAS DISK? Come off it, NetApp
Stats analysis reckons we'll hit that point in just three years
Dell The Man shrieks: 'We've got a Bitcoin order, we've got a Bitcoin order'
$50k of PowerEdge servers? That'll be 85 coins in digi-dosh
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
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.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.