Feeds

Articles about Iron Mountain

For Sale sign detail

NetApp team tags Iron Mountain for cloudy medical archiving

Iron Mountain is rebuilding its remnant cloud medical records archiving business with a dose of NetApp's StorageGRID.. Iron Mountain sold the bulk of its cloud business, meaning eDiscovery, archiving and online backup, to Autonomy in May this year for $380m. Autonomy was bought by HP later this year. Iron Mountain's cloud …
Chris Mellor, 29 Nov 2011
The Register breaking news

Autonomy engulfs 5-petabyte Iron Mountain cloud

Autonomy is paying $380m for Iron Mountain's archiving and online backup business. The Cambridge-based company said the purchase showed the truth of its prediction of the merging of regulatory archiving and search functions for businesses. The deal adds five petabytes of company data and 6,000 customers to Autonomy's cloud …
John Oates, 16 May 2011
The Register breaking news

Iron Mountain dislodges CEO

Iron Mountain, the successful supplier of physical record vaulting and unsuccessful supplier of digital vaulting services, has dumped its CEO, Bob Brennan, and made board chairman Richard Reese CEO in his stead. It appears Brennan has taken the hit for Iron Mountain's disastrous foray into its recently closed public cloud …
Chris Mellor, 14 Apr 2011
channel

Iron Mountain caves in to investors

Iron Mountain's returning CEO has moved quickly to reach an accommodation with activist investor Elliot Management, being willing to sell-off the digital business, close unprofitable international operations, return cash to shareholders, and evaluate becoming a REIT. Scenting that stockholder opinion was in line with that of …
Chris Mellor, 25 Apr 2011
The Register breaking news

Iron Mountain hit by hedge fund attack

Data-vaulting company Iron Mountain has been hit by a hedge fund shareholder attack that accuses management of disastrous forays into digital data storage and international expansion. It should become a real estate-focused company delivering cash to shareholders instead of wasting it on fruitless growth ambitions, says the fund …
Chris Mellor, 11 Mar 2011
The Register breaking news

Bruised Iron Mountain gives up on storage cloud

It's weird: Gartner is now Iron Mountain's news outlet and tells us that bruised Iron Mountain is giving up on its public cloud storage and closing the business down. The beleaguered company has also set up a poison pill defence against any takeover attempts. The background here is that Iron Mountain screwed up and had to write …
Chris Mellor, 11 Apr 2011
channel

Iron Mountain downs its Mimosa

Our sources were right. Iron Mountain has gone ahead and bought Mimosa Systems and its NearPoint email, file, and SharePoint archiving software. The price is a cool $112m, the high-end of our suggested range, giving Mimosa's venture cap funders a tidy profit on their roughly $66m investment and indicating that this was no …
Chris Mellor, 22 Feb 2010
The Register breaking news

Iron Mountain's eDiscovery made 2010 a rusty mess

Iron Mountain's 2010 business was badly affected by mismanagement of its eDiscovery business, which lead to a $284m impairment charge. Iron Mountain's revenues for the fourth quarter of its 2010 financial year were flat at $789m, just 1.2 per cent up on the year-ago quarter's $779m. Net income was $33m, down almost a half on the …
Chris Mellor, 28 Feb 2011
homeless man with sign

Iron Mountain thinking about a long, cool drink of Mimosa

The Iron Mountain repository could be getting an email and file archiving software wrapper with strong rumours that Iron Mountain plans to buy Mimosa. Iron Mountain is a paper and tape records repository company, famously started to store mushrooms in an old iron-ore mine. Then it branched out into what became its core business …
Chris Mellor, 22 Feb 2010
channel

Iron Mountain punts subterranean data storage

Iron Mountain - well-known for storing paper records and tape cartridges in secured holes in the ground - has started up an underground cloud-based Virtual File Service. The cloud is truly subterranean, being based on an underground data centre in the USA. Calling it "the industry's first enterprise solution (sic) for cloud- …
Chris Mellor, 04 Mar 2009
Cat 5 cable

Iron Mountain buys records management firm

Accutrac Software has moved Iron Mountain to reach for its wallet. Storage protection firm Iron Mountain will purchase Boston-based Accutrac Software to enhance its existing records management software. Terms of the deal were not disclosed. Iron Mountain will use the acquired technology for customers to manage, retain and …
Austin Modine, 26 Jun 2007
For Sale sign detail

EMC climbs software storage cash mountain, taunts rivals below

IDC reports that storage software sales boomed in Q4 2011, reaching an all-time record of almost $3.8bn. Full-year revenue hit a record high of $14.16bn. EMC was the top vendor with a 25.7 per cent revenue share, followed by Symantec with 15.4 per cent, and IBM at 14.2 per cent. IDC's press release quoted the wrong figures for …
Chris Mellor, 14 Mar 2012
graph up

Iron Mountain lands ICANN data escrow agreement

Iron Mountain announced today that it has begun providing long-awaited data escrow services to ICANN and its panoply of approved registrars. Ever since the RegisterFly debacle exposed ICANN’s failure to account properly for the data escrow requirements of its Registrar Accreditation Agreement (RAA), data escrow has been at or …
Burke Hansen, 29 Nov 2007
Snowden image

Snowden's NSA leaks have galvanised the storage world

Anyone following the fortunes of the world’s biggest technology companies will have noticed a trend: every one of them has gone potty for privacy. This is not out of some sudden moral urge but because their futures depend on proving that they are good at protecting people’s personal data. The Edward Snowden leaks, in particular …
Tom Brewster, 18 Sep 2014
ARA_LIbertad

EMC boss Tucci’s last battle: Stopping a forced VMware selloff

With Joe Tucci, EMC head honcho, set to retire on February next year, the very last thing he wanted was an attack by one of the biggest, baddest activist investors of all: Paul Singer’s Elliott Management. Elliott has communicated to EMC that it has a $1bn investment in its shares and would like VMware spun off so that EMC …
Chris Mellor, 22 Jul 2014

Brocade flogs adapter biz to QLogic: Are they cutting losses or pleasing investors?

Late last week data networking gear firm Brocade announced it was selling its Ethernet and Fibre Channel adapter business to QLogic for an undisclosed sum. The storage networking host bus adapter (HBA) market was entered by Brocade in May 2007 with both iSCSI adapters and HBA products. The HBAs were marketed with messages …
Chris Mellor, 20 Jan 2014
Buncefield fire scene

Got it taped: The business of tape-based disaster recovery

For many SMEs, tape disappeared from their landscape as a data storage choice ten or more years ago. Domestically, it exists, if at all, as a legacy item with perhaps a car stereo chewing its way through a selection of fondly regarded C-90s. Still, this lack of public visibility by no means indicates that tape has come to the …
Bob Dormon, 18 Sep 2013

Technology v support: Amazon's premium challenge

In order to compete in the public cloud with the Amazon juggernaut, rivals like Rackspace and Alcatel-Lucent are turning to value-added services to try to turn commoditised cloud computing into premium offerings. It's unclear whether this will work. Once customers get habituated to "low cost and more than good enough", it's hard …
Matt Asay, 01 Dec 2011
German shepherd guard dog standing in flood water

Back up all you like - but can you resuscitate your data after a flood?

When it comes to backups two sayings are worth keeping in mind: "if your data doesn't exist in at least two places, it doesn't exist" and "a backup whose restore process has not been tested is no backup at all”. There is nothing like a natural disaster affecting one of your live locations to test your procedures. I have just …
Trevor Pott, 25 Jul 2013

NetApp StorageGRID now on cloud nine: Would you put 100PBs in it?

NetApp continues its slow development of its object storage capability by adding a cloud interface to it. Version 9.0 of StorageGRID, the storage software gained by NetApp when it bought Bycast in mid-2010, sounds like a major release but the only feature NetApp emphasises is the new Cloud Data Management Interface (CDMI). CDMI …
Chris Mellor, 13 Aug 2012
channel

Data Protection Manager flies cloudwards

Iron Mountain has enhanced its CloudRecovery product with support for Data Protection Manager (DPM) 2010 so that users can send DPM-gathered data to its cloud storage vault. The company says the latest release of CloudRecovery offers multi-terabyte scalability and retains support for DPM 2007 with SP 1. It can retain data for …
Chris Mellor, 20 Apr 2010
Compuware logo

BEELLIONAIRE Paul Singer slings $2.3bn into Compuware

New York-based hedge fund Elliott Management has been on the hunt for undervalued software companies in which to invest. A few years back, it tried to buy Novell and failed in the attempt. But last month Elliott started amassing shares in Compuware, a systems and application management software maker, and now it wants the whole …
cloud

Nirvanix storage cloud spills executive blood

Nirvanix lost a few executives when its incoming CEO stripped out unwanted VPs and SVPs, and brought in his own team. What appears to have happened is that Scott Genereux became Nirvanix' CEO in November of last year, coming in from QLogic. Some $10m of C-round funding came in at the same time – which, with a B-round in 2009, …
Chris Mellor, 03 May 2011
channel

Symantec buys Clearwell tech that makes lawyers poorer

Days after Iron Mountain sells its way out of the eDIscovery market Symantec is buying its way in, with a $390 million purchase of Clearwell. Symantec, which sells backup, archiving, security, file and volume management software and is in a hardware-selling joint venture with Huawei, thinks the addition of eDIscovery products …
Chris Mellor, 20 May 2011
The Register breaking news

Kazaa founder Bermeister returns, with key cloud patents

Brilliant Digital Entertainment subsidiary Kinetech has its eyes on the digital music industry, announcing that it has been granted three US patents covering content discovery and rights enforcement. Back in 2009, Kevin Bermeister of Kazaa fame switched focus to legal music alongside former pirate-buster Michael Speck, and BDE …

Hedge fund agitator grapples for helm at Brocade

Brocade has reported its quarterly results with a disappointing outlook and found itself the target of an activist hedge fund investor, Elliot Management, scenting under-valued assets it can profit from. For its third fiscal 2011 quarter, ending 30 July, Brocade's revenues were $503m, down from the preceding quarter's $548m, and …
Chris Mellor, 19 Aug 2011
hands waving dollar bills in the air

Verizon and IBM join forces for private cloud backup

Verizon and IBM are partnering to offer a private networked (cloud) backup service to enterprise customers. The duo's offering is called Managed Data Vault. Customers backup data from an active site and send it across Verizon network links to a remote IBM data centre equipped with "backup infrastructure and management …
Chris Mellor, 01 Apr 2010
chart

Symantec gobbles email warehouse LiveOffice

Symantec has gone and bought itself a cloud archiver, LiveOffice, for $115m, and is now integrating its archival storage and eDiscovering offerings more closely. Symantec is basing a better information governance pitch on this acquisition. Privately held and venture-funded LiveOffice was founded in 1998 and is headquartered in …
Chris Mellor, 17 Jan 2012
The Register breaking news

Infosmack tackles VMware's Cloud Foundry

Without further ado, it's time for another Infosmack, the world's best podcast about enterprise tech. Special guest this week is Christian Reilly, principal technology architect at a large multinational and "ex-president of the public cloud", but more recently the self anointed "president of the platform cloud", as well as a …
Drew Cullen, 20 Apr 2011
channel

Cirtas dumps staff and retreats

In January, we asked if cloud storage start-up Cirtas would be a rainmaker. Now its very survival is in doubt as funding is withdrawn and 21 staff are dismissed. The news came from a senior engineer at Cirtas, Dave Graham, through his Twitter feed. "Well, the waiting is over. as of 3pm TODAY, i, along with 20 others are no …
Chris Mellor, 25 Apr 2011
The Register breaking news

ICO smacks Welsh council with record £130k fine

Data privacy watchdogs have fined Powys County Council £130,000, the highest fine the ICO has ever levied, for failing to protect the personal data of vulnerable young people. The Information Commissioner’s Office got out the big stick to punish the Welsh council after it sent details of a child protection case to the wrong …
John Leyden, 07 Dec 2011
The Register breaking news

Reding's 'right to be forgotten' bill polarises Euro biz world

EU Justice Commissioner Viviane Reding will imminently table a draft bill that will – if passed in Parliament – require internet firms to be upfront about the user data they hold. The proposal has already been slammed by many businesses in the UK, where opposition to the draft regulation has been particularly fierce. Reding's " …
Kelly Fiveash, 25 Jan 2012
arrow pointing up

NetApp backs StorageGRID system

NetApp is bringing its acquired Bycast product to market, and it's keeping the StorageGRID name. Bycast was bought by NetApp last month and the StorageGRID product is being sold as a complementary offering, bringing an object storage capability that NetApp's mainstream file and block storage FAS arrays do not have. NetApp is …
Chris Mellor, 02 Jun 2010
channel

Nasuni provides cloud-based filer

Startup Nasuni says it has cracked the problem of storing files directly in the cloud with a software virtual NAS appliance. The Nasuni filer is software that provides a CIFS and NFS gateway interface to files stored in the cloud and looks like a regular network-attached storage (NAS) filer to applications and servers. It comes …
Chris Mellor, 09 Feb 2010
hands waving dollar bills in the air

Storage firm hopes to cut IP litigation costs with escrow discovery

A legal document storage company has launched a service that will allow teams of lawyers to examine disputed intellectual property assets in a monitored, secure room. Software would be examinable on a laptop with printing and networking disabled, it said. Legal archiving company Iron Mountain said that it is launching the …
OUT-LAW.COM, 14 Apr 2009
channel

Nasuni grabs cloud development cash

Probably the last storage venture capital cash raising exercise of 2010 is following the dash to the cloud by pumping $15m into cloud filer startup Nasuni. Nasuni received $8m in a previous funding round in March 2009, so it has now received a total of $23m for the development of its business and software appliance: a lot of …
Chris Mellor, 20 Dec 2010
WD RE4 Enterprise disk drive

This is Frankfurt calling: Scattered outbreaks of hot crunchiness

This is the second installment of El Reg's coverage of StorageNetworkWorld Europe, aka Powering The Cloud, bringing you another smorgasbord of storage goodness from the biggest storage show in the old coutries. Some of it's hot, and some is even crunchy... so dip in. BridgeSTOR and DDFS BridgeSTOR CEO John Matze told us more …
Chris Mellor, 09 Nov 2012
homeless man with sign

NetApp models uplifting BRaaS

NetApp has produced a set of design guides for service providers, including a Backup and Recovery as a Service (BRaaS) offering with Asigra, and is looking for a sales uplift in this area. The idea is to make it easier for cloud service providers to use NetApp kit when offering data protection services. The foundation is NetApp' …
Chris Mellor, 04 Mar 2010
Broken CD with wrench

NetGear adopts an Infrant

Put on your best bib and tucker, hombre, it's time for an end-of-week storage M&A roundup. Netgear's flush deal Netgear will fork over $60m in cash to acquire privately held NAS supplier, Infrant Technologies. If specific revenue targets are reached, Infrant shareholders may receive an additional payout of $20m over the next …
Austin Modine, 04 May 2007
The Register breaking news

Government will shred ID card data

The IPS plans to order Thales and 3M SPSL to shred the hard disks and back-up tapes holding the personal information on the National Identity Register (NIR), according to a document released through Parliament's library. The document, CWIC-NIR destruction and equipment decommissioning, says that IPS will order shredding, …
Kable, 08 Nov 2010
chart

Simpana joins the cloud crowd

CommVault has added a cloud connector to its Simpana archiving package so customers can archive data to disk or to various vaults in the sky. Simpana is a data protection and management software suite that can store deduplicated data on tape, in drive arrays and now in the cloud, what Simpana calls "far line" storage. It's …
Chris Mellor, 02 Feb 2010
globalisation

StorSimple wheels out head-in-Cloud, feet-on-premises solution

Startup StorSimple is SAShaying to the cloud with a small and medium business on-premises appliance for active data storage – and bulk data banished to the cloud. The cloud is not enough. It needs to be married to local storage in a seamless way. The idea is to have a 3-tier storage scheme with hot data stored locally and bulk …
Chris Mellor, 07 Dec 2010
cable

Tervela bags $18m for go faster messaging appliances

Appliances that accelerate Java applications, encryption and decryption, network message transfer, Web serving, and database processing have found their niches. Now a company called Tervela aims to sell the idea of a messaging appliance to the financial services industry. New York-based Tervela yesterday completed a fourth round …
globalisation

Founding investor still believes InPhase can fly

A founding investor in defunct holographic storage developer InPhase is still hopeful of restarting the firm, even as 'For lease' signs go up on its building in Longmont, Colorado. Bart Stuck is the managing director of Signal Lake Ventures which led the initial $27.9m A-round of funding for InPhase in January 2001. This …
Chris Mellor, 18 Feb 2010
Identity

Personal data for 650,000 customers vanishes into thin air

Personal information belonging to more than 650,000 US customers of J.C. Penney and other retailers is at risk after the company hired to safeguard the data lost a backup tape. The information, which was entrusted to a company called GE Money, included social security information for about 150,000 people. The data was on a …
Dan Goodin, 18 Jan 2008
cloud

Dell OEMs Data Domain and Celerra

Dell is broadening its storage product range by OEMing EMC's Celerra and Data Domain products, and developing its own object storage product. The background to this is the continuing and dramatic rise in the amount of semi- and unstructured information. This leads to a sheer storage capacity problem and to infrastructure …
Chris Mellor, 25 Mar 2010
channel

Mimecast and file server destruction

Mimecast is a UK-based supplier of unified email management services. Around the end of 2002 it started to build an appliance function that would unify the many daisy-chained email functions, (anti-spam, anti-virus, data leak prevention, signaturing) that were all implemented as separate boxes through which emails had to flow …
Chris Mellor, 25 Mar 2009
arrow pointing up

Backup tapes are backdoor for ID thieves

Large companies are reconsidering their security and backup policies after a handful of financial and information-technology companies have admitted that tapes holding unencrypted customer data have gone missing. Last week, trading firm Ameritrade acknowledged that the company that handles its backup data had lost a tape …
Robert Lemos, 29 Apr 2005
The Register breaking news

IBM seeks mid-market relevance

As part of its drive to make itself more relevant in the mid-market IBM has launched three new, what it calls, IBM Express Managed Services (IEMS). These are in addition to a couple of existing services, one of which IBM is keen to remind us of and another which it would prefer to sweep under the carpet. All these services are …
Bob Tarzey, 24 Oct 2005