Feeds

Seagate sells R&D group to Xiotech

Swap meet for Compaq and DEC exes

Combat fraud and increase customer satisfaction

Seagate is selling its Advanced Storage Architecture (ASA) research and development group to SAN vendor Xiotech in a rather secretive deal.

According to Xiotech, they bought "certain assets" of the business and acquired a license to the associated technology.

No details are being offered about what exactly that technology pertains to. The amount spent on the deal isn't being disclosed either.

The sale may be significant, however, because the ASA group contains some notables in R&D, including several ex-Compaq engineers responsible for what would later become HP's EVA storage line.

"We think that the ASA technology will in time transform the market's perceptions about storage capacity, performance and reliability," said Casey Powell CEO of Xiotech in a statement. "In time, we expect the ASA group to provide significant additional revenue to Xiotech."

Xiotech itself was spun off from Seagate in November 2002, just two years after the storage giant bought the firm for $360m.

As for integration, Ellen Lary, a former consultant to the Seagate ASA group, will serve as VP and general manager of the acquired ASA group. Lary was VP and general manager of Digital Equipment's storage division.

Steve Sicola, general manager of the Seagate ASA group, will become CTO for Xiotech. Sicola was the former CTO of Compaq's (now a part of HP) StorageWorks group. ®

Combat fraud and increase customer satisfaction

More from The Register

next story
This time it's 'Personal': new Office 365 sub covers just two devices
Redmond also brings Office into Google's back yard
Kingston DataTraveler MicroDuo: Turn your phone into a 72GB beast
USB-usiness in the front, micro-USB party in the back
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
BOFH: Oh DO tell us what you think. *CLICK*
$%%&amp Oh dear, we've been cut *CLICK* Well hello *CLICK* You're breaking up...
AMD's 'Seattle' 64-bit ARM server chips now sampling, set to launch in late 2014
But they won't appear in SeaMicro Fabric Compute Systems anytime soon
Amazon reveals its Google-killing 'R3' server instances
A mega-memory instance that never forgets
Cisco reps flog Whiptail's Invicta arrays against EMC and Pure
Storage reseller report reveals who's selling what
Microsoft builds teleporter weapon to send VMware into Azure
Updated Virtual Machine Converter now converts Linux VMs too
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.