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Articles about Overland Storage

ANOTHER red-ink-spattered quarter for Overland Storage

Data manager Overland is still making losses (bigger ones more recently) with profitability like a mirage forever receding into the distance, despite having acquired Tandberg Data as a way of cutting its operating expenses and expanding its markets. Revenues for its 2015 first fiscal quarter were $22.9m, double the $10.6m …
Chris Mellor, 14 Nov 2014

All awash in red ink, but Overland Storage is still swimming

Overland Storage, the troubled tape and low-end scale-out disk array storage vendor, is still battling on, with a swell in revenues despite increasing losses. How does CEO Eric Kelly do it? Overland's fourth quarter (Q4) and fiscal 2014 year headline numbers are, well, impressive comes to mind: Q4 revenues of $24.2m, up 100 per …
Chris Mellor, 24 Sep 2014

Overland Storage and BDT end four-year-long patent spat

Overland Storage and BDT have terminated their four-year lawsuit in which Overland sued BDT for allegedly using its intellectual property unlawfully. Tape automation product supplier Overland commenced its action against German tape automation supplier BDT concerning tape media handling in tape libraries. It did so on a no win/ …
Chris Mellor, 31 Jul 2014
SpectraLogic TeraPack

Tape vendor sueball match over: SpectraLogic and Overland down rackets

Tape Library vendor SpectraLogic has announced that it has beaten off a patent lawsuit from Overland Storage. Overland had claimed Spectra was infringing its IP. Instead the US Patent Office has ruled the IP had been present in an earlier IBM tape library. The firm said the patent in question is U.S. Patent No. 6,328,766, which …
Chris Mellor, 13 Nov 2014
lifebelt

Overland Storage in fiendish reverse stock split share value ploy

Overland Storage, the troubled tape and low-end scale-out disk array storage vendor, is wanting to do a reverse stock split to get its share price up above the Nasdaq exit level. This is revealed in an SEC Form-8K filing by Overland. It states: "On April 3, 2014, the Board of Directors of the Company approved a one-for-five (1- …
Chris Mellor, 04 Apr 2014
Sphere 3D

Overland Storage, 'miracle' flirty virty Sphere 3D jump in bed

Perennial loss-making Overland Storage will merge with Canadian company Sphere 3D. The combined companies will take the name of Sphere 3D, whose Glassware software apparently does the seemingly impossible: “Enable mobile device users the full functionality of any software program or application on any device, anywhere.” …
Chris Mellor, 16 May 2014

Mixed tape: Overland Storage buys Tandberg Data in CASH-FREE transaction

Struggling tape and disk storage vendor Overland Storage is buying recovering tape systems vendor Tandberg Storage for $42m in stock to help boost its revenues. Tandberg Data supplies tape and disk-based storage and data protection products to small and medium businesses. It has recently recovered from a bankruptcy experience in …
Chris Mellor, 01 Nov 2013

Hey small biz: You know what you need? A tape library – Overland

Overland has got itself a new NEO tape library (cue jokes about the Matrix Reloaded) called the NEOxl, and it's packed a huge amount of capacity inside it. The two models in the product line both support LTO5 and LTO6 tape formats and come in 6U enclosures: NEOxl 60 To 3 drives and 60 slots 90TB-375TB capacity (90TB is …
Chris Mellor, 17 Oct 2014
BizNAS

98.8% of Overland shareclutchers say OMG, YES to Tandberg takeover

Overland Storage shareholders have overwhelmingly voted in favour of the Tandberg Data takeover by Overland. There was a 98.8 per cent vote in favour of the takeover at a 16 January meeting. But, then, there was no other option on the table except the virtual certainty of an eventual Overland collapse and a total wipeout of …
Chris Mellor, 21 Jan 2014
Scrooge McDuck

Don't count out Overland Storage: Borged mixed tape biz = PROFIT at last

We expected declining revenues and another loss and Overland didn’t disappoint. First fiscal 2014 quarter revenues of $10.6m were down 9 per cent on the annual compare and 12 per cent compared to the previous quarter. On the other hand, its new acquisition means it pulls a lot of resources out of the tape biz and into the more …
Chris Mellor, 14 Nov 2013
Tandberg telepresence video-conferencing session

Overland Storage may acquire Tandberg

Overland Storage may be about to acquire Tandberg Data. A crippled tape and disk data protection and NAS storage supplier bleeding cash, Overland Storage is looking for respite from its financial woes by acquiring, on a basis of equals, the newly recovered Tandberg Data. The news is laid out in an SEC form SC 13D/A filing …
Chris Mellor, 15 May 2013
SpectraLogic T-Finity library

SpectraLogic asks US patent office to probe Overland patent

Tape library supplier SpectraLogic has petitioned the United States Patent and Trademark Office to review one of the patents which lies at the heart of an IP infringement lawsuit it has been battling since 2012. The patent's holder, Overland Storage, is a distressed tape library and scale-out disk array storage vendor currently …
Team Register, 30 Dec 2013

Staggering disk biz Overland heads for Nasdaq exit …. again

Perennially almost-but-not-quite failing Overland Storage is once again under notice from Nasdaq that it might be booted out of the stock exchange after apparently falling short of the "minimum market value" required. It's no fun at all for the beleaguered company's management as it has had to file an 8K form with the US …
Chris Mellor, 09 Jul 2013

Overland Storage looses off fusillade of patent suits into tape crowds

On-the-ropes tape, disk protection and NAS vendor Overland Storage is suing seven tape product vendors for patent busting, including SpectraLogic. Overland Storage used to sell tape autoloaders and libraries to OEMs like HP a long time ago. But it lost that business, with autoloader-maker BDT capturing some of its clients. …
Chris Mellor, 02 Jul 2012

Overland Storage takes market hit on ITC's initial patents ruling

Overland Storage has lost the initial determination of a trade violation case it was hoping to win and its shares have dived off a cliff. Is this a bungee jump with a bounce back, or a one way street? Overland makes tape and disk-based data protection gear and Snap-brand filer and block access arrays for the SMB market. It's …
Chris Mellor, 25 Jun 2012

Overland tugs parachute cord as storage biz hurtles earthwards

Overland Storage hopes to raise $5.8m from a stock offering and may use the cash for working capital - raising questions over its ability to fund its operations from sales until the biz recovers. It's that phrase "may use the cash for working capital" that gets you feeling nervous. Let's have a look at the revenue and profit/ …
Chris Mellor, 26 Mar 2012

Bleeding storage firm Overland: OK, we're losers, but so are our rivals

Is Overland toast? Its latest results are dreadful - again - with revenues down and losses up, yet management talks about operating profitability being gained by July 2013. Is it nuts? CEO and president Eric Kelly said: "Our lower than expected total revenue is largely due to the difficult macroeconomic environment in Europe and …
Chris Mellor, 18 Nov 2012

Cash-bleeding Overland: A healthy BYOD brings a sound mind

Overland Storage announced its usual loss-making quarterly results but said it was going full tilt into giving BYOD and smart mobile device owners full access to enterprise apps no matter their size. CEO Eric Kelly has now become chairman of its Canadian partner, Sphere 3D, which provides the virtualisation wizardry needed for …
Chris Mellor, 06 Sep 2013
Caution tape

Disk biz Overland bleeds more cash - bah, only a flesh wound!

Another quarter for Overland Storage, and another big loss as revenue slides year-on-year. The struggling tape and disk array vendor hopes its scale-out clustered NAS, branded the SnapScale, can turn its fortunes around - along with damages it'll possibly get from BDT and other tape biz if it wins a patent-infringement court …
Chris Mellor, 14 Feb 2013
cable

Targeted firm smacks back, chucks patent sueball at Overland

Storage firm Quantum has bared its teeth at the T Rex of tape – aka Overland Storage – and counter-sued for patent infringement. What's happening is that Overland Storage, on the hunt for royalty payments and/or licence fees and damages, had sued BDT, a Germany-based maker of tape automation devices used by many OEMs, for patent …
Chris Mellor, 29 Aug 2012
channel

Overland to ring Nasdaq bell, tease products

Overland, the always-struggling-to-not-go-bust-and-not-get-delisted-from-Nasdaq storage company, is going to ring the Nasdaq opening bell on Friday, October 14. Wherefore this return to Nasdaq grace? Overland will host an investor and analyst briefing at Nasdaq's market site the day before, with prezzies from Overland's execs …
Chris Mellor, 11 Oct 2011
cable

Overland patent broadside: Targeted firms vow to fight

Quantum and other vendors being sued by Overland Storage for allegedly infringing its patents are in more of a mood to fight than settle. On Friday Overland - the supplier of REO and NEO tape and disk protection systems, and Snap-branded filers - said it was suing Quantum, Venture Corp, Spectra Logic, PivotStor, Qualstar, …
Chris Mellor, 02 Jul 2012
Sheep muster

The A-to-Z of storage news: Your quick 'n' dirty tasting menu

The time around VMworld - which runs from 25 to 28 August in San Francisco – saw a frenetic pace of announcements which were obliterated from the main news radar screens by things like VMware’s EVO: RAIL. Here’a catch-up list of many of them. In alphabetic order of the suppliers: Brocade has extended support for its Solid State …
Chris Mellor, 29 Aug 2014
Drobo 4-bay

Storage boxen-flinger Drobo: Our Q4 numbers were not that NASty

Glossy storage boxen flinger Drobo has "adjusted" its prices and snuggled up to partners and says it is experiencing a resurgent demand for its products. A new 4-bay product should benefit from that. Drobo founder Geoff Barrall returned to the helm at Drobo when his ConnectedData startup merged with Drobo in May 2013. While …
Chris Mellor, 27 Mar 2014
The Register breaking news

SpectraLogic smacks back at Overland for 'unwarranted' lawsuit

Tape library vendor SpectraLogic has filed its response to on-the-ropes storage biz Overland's lawsuit, which accused Spectra of patent infringements. Overland is suing European tape automation supplier BDT through the International Trade Commission (ITC) for patent infringement and trade violation and has also sued several of …
Chris Mellor, 06 Sep 2012
Seagate 8-bay rackmount NAS

Shrinking market doesn't scare the NASty boys of storage

The network-attached storage market appears to have shrunk slightly, but it seems that Buffalo, Seagate and Overland think the market's set to grow soon. There has been quite a bit of NAS action of late, with Buffalo pushing out a new product, Seagate spinning out a pair of rackmount NAS shelves, and Overland introducing one …
Chris Mellor, 12 Sep 2013
Storage step 5

Loved-up shared storage silos in SHOCK SPLIT!

A previously uniform shared storage architecture is splintering apart as server virtualisation, dedupe, flash and the cloud shatter the old order – giving us five steps to heaven, or hell, depending on your viewpoint. The old shared storage order was a bunch of servers linked across a network to a storage area network (SAN) or …
Chris Mellor, 29 May 2014
server room

Overland Storage preps private cloud rescue

Troubled tape and disk storage vendor Overland Storage has seen revenues drop and losses rise over its last fiscal year, but fared better in its final quarter. A clustered filer product and private cloud offering is coming, hopefully lifting Overland out of the prolonged hole it has been in. The fourth quarter (Q4 2011), ending …
Chris Mellor, 14 Sep 2011
cloud

Overland back on the NASDAQ ropes

Disk storage, tape and virtual tape data protection vendor Overland Storage is facing being booted off the Nasdaq index once again due to its declining share price and company value. It is compiling a Nasdaq compliance report and intends to regain NASDAQ compliance and so preserve its ability to raise money at competitive rates …
Chris Mellor, 23 Nov 2010
channel

Overland still shovelling cash into tape

New mid-range tape libraries from Overland Storage indicate older models may be heading for the chip, and show there's life in the supposedly moribund tape dog yet. NEO 600s and 800s products, with four and six drives respectively, put the older 2-drive 2000e and 4-drive 4000e at risk. The new libraries slot in above the NEO …
Chris Mellor, 14 Nov 2011
channel

Gridstore shafts rival Overland over a Barrall

Overland Storage has lost its guiding technology visionary, Geoff Barrall, to a stealthy startup and an exec chairman role at rival Gridstore. Gridstore produces grid-based scale-out filer storage for small and medium business (SMB). At Gridstore Barrall replaces now ex-chairman Dr Chris Horn, the co-founder of Iona Technologies …
Chris Mellor, 13 Jan 2012
channel

Overland Storage bags Barrall

Overland Storage has appointed Geoff Barrall to an executive officer's position according to a financial filing. A Form D SEC document, referring to a "Notice of Exempt Offering of Securities" was filed on 2 March. It mentions several existing board directors and executive officers, such as CEO Eric Kelly, and includes Geoff …
Chris Mellor, 03 Mar 2010
chart

Overland soups up SnapServer

Overland Storage has souped up its SnapServers with Drobo-style dynamic volume resizing and RAID. This is what the Nasdaq fuss is about. The new SnapServers can mix disk types and offer a single storage pool from which volumes are drawn and protected. There are two models – the DX1 and DX2 – which replace the existing 410 and …
Chris Mellor, 12 Oct 2011
homeless man with sign

Overland struggles to keep its head above water

It sure isn't a snap as Overland reported quarterly results that still show hopes of a long-awaited recovery are unsatisfied. One swallow doesn't make a summer but it sure would be nice to see a swallow, any swallow. Revenues for its second financial 2012 quarter were $14.1m, 20 per cent down on the year-ago quarter. Ouch. This …
Chris Mellor, 18 Nov 2011
Cat 5 cable

Overland Storage overhauls tape library and SnapServers

Overland Storage has announced a larger and LTO-5-supporting NEO tape library as well as a higher-capacity SnapServer. These are two evolutionary product moves by Overland and it's good to see the company improving its products as it climbs out of a period of poor company revenue performance. The NEO 8000e supports the latest …
Chris Mellor, 23 Jul 2010
channel

Overland gets $15m tide-us-over cash

Overland Storage is raising $15.4m to tide it over before new product sales lift revenues. That's our take on the struggling data protection and storage appliance vendor's private placement of 8,722, 904 common stock shares plus warrants to buy up to 3,838,069 more. These warrants have an exercise price of $1.71 per share and …
Chris Mellor, 17 Mar 2011
channel

Overland Storage gets new head marketeer

Recovering data protection vendor Overland Storage has recruited a new worldwide sales and marketing VP. The previous one, Ravi Pendekanti, is moving across to look after business development. Eric Kelly became Overland's CEO in January. He had been instrumental in persuading Overland to buy the Snap low-end NAS business from …
Chris Mellor, 22 Jul 2009
fingers pointing at man

Overland Storage reboots with product and tech drive

Why do people leave a successful startup and, rather than join another startup, join a mature and almost failed tape storage vendor – one that's escaped Nasdaq delisting by the skin of its teeth, twice, and has a share price determined to show that gravity exerts a downward force? We met Jillian Mansolf at SNW Europe 2010 in …
Chris Mellor, 02 Nov 2010
WD RE4 Enterprise disk drive

Shrewd El Reg plotter shows storage bods in revealing numbers

"Spaghetti" storage vendor groups are what you see when you lay bare these firms' quarterly revenue histories in a revealing graph. They fall neatly into four groups: the great, the good, the bad and the ugly. Which group are your suppliers in? Let's kick of this chart-fest with an overall look: All storage vendors Click on …
Chris Mellor, 20 Nov 2012
chart

Lawsuit loot helps Overland cut loss

Overland Storage has reported a reduced quarterly loss, helped by a $3m gain from a lawsuit. Overland, which supplies NEO physical and REO virtual tape libraries and Snap iSCSI SAN, filer and unified storage products, has reported its second quarter fiscal 2011 results, ending 31 December 2010; both revenue and net loss numbers …
Chris Mellor, 18 Feb 2011
DVD it in many colours

Overland sues BDT for patent infringement

Struggling tape and disk array data protection vendor Overland Storage is suing BDT, a Germany-based tape automation supplier for using its patented technology unlawfully. There are two patents involved: one dealing with media elements in an automated media library; and the other with insertion or removal of tape cartridges …
Chris Mellor, 20 Aug 2010
Violinist

Violin Memory fiddles with board, adds new director – music to Clinton Group's ears?

Violin Memory has announced a new board director and expanded the board from seven to eight seats to do so. The Clinton Group, the activist investor that's been yelling at Violin to sell itself, is now on-board and on-message. The new director is Vic Mahadevan, the ex-NetApp chief strategy officer. The canned quotes are full of …
Chris Mellor, 14 Apr 2014
channel

Overland's top tech guy: Great things ahead

We had the chance to talk to Geoff Barrall, the founder of BlueArc and Data Robotics, about his work at Overland Storage, where he is charge of product engineering. He came into Overland after having been his own boss for two decades but "realised that the challenges are very similar and found my feet". CEO Eric Kelly and sales …
Chris Mellor, 11 Feb 2011
John Morelli

Sphere 3D's mini microvisor: Drilling into touchy biz tech

I have just seen an Overland SnapScale DX2 scale-out filer storage array running Corel WordPerfect and serving it via the Glassware 2.0 product, also running in the DX2, to an iPad across a Wi-Fi network. What the heck's going on here? Overland Storage is merging with mobe-tech-enabling outfit Sphere 3D in an all-share …
Chris Mellor, 27 May 2014
arrow pointing up

Overland's Nasdaq market cap gap trap map

Back from the dead? It's a little too soon to say, but Overland Storage - threatened with costly ejection by Nasdaq because its market capitalisation was under $15m - has got a $12m stock issue to put that threat into touch. It's not a done Nasdaq deal yet, but the outcome seems pretty certain. CEO and president Eric Kelly said …
Chris Mellor, 22 Feb 2010
chart

Overland Storage romances resellers

San Diego-based data backup firm Overland Storage today announced a reseller recruitment drive beginning next week. Overland's reseller program offers a 10 per cent margin. compared to what it says is the usual 5 per cent. However, if a reseller signs up before March 31, this will be increased to 20 per cent. Overland said: " …
For Sale sign detail

Can Geoff Barrall help rescue Overland?

Overland Storage is still walking the tightrope. Its share price is back down where it was when a reverse stock split took place to evade the jaws of a Nasdaq delisting trap ($2.00). It's not down so low as to threaten its Nasdaq listing again but since April 9 it seems headed that way. CEO Eric Kelly has refinanced the company …
Chris Mellor, 27 May 2010
channel

Overland to cluster SnapServers

Overland Storage aims to cluster its SnapServers together, using assets it is buying from Maxiscale. This means customers will soon be able to grow SnapServer storage seamlessly to 10PB-plus levels. MaxiScale, which emerged from stealth-mode in September 2009, took in some $25m of funding, using the cash to develop its FLEX …
Chris Mellor, 14 Oct 2010
channel

Storage vendor Overland on the ropes

Savaged by the deepening recession, beleaguered NAS, disk and tape protection vendor Overland Storage has fired 53 people and instituted a ten per cent pay cut for all remaining salaried staff. Having laid off 54 people in April 2008, loss-making Overland was in the midst of a recovery from earlier misfortunes when it bought …
Chris Mellor, 16 Jan 2009
globalisation

Dell kills Overland storage tie-up

Dell has crushed the hopes and dreams of Overland Storage by nixing a reselling deal that had yet to get going. Overland announced its tie-up with Dell last November and hoped to ship the computer maker a pair of automated tape libraries. Dell, however, appeared frustrated with Overland's inability to ship the gear on time. As …
Ashlee Vance, 13 Oct 2006