Articles about Udo

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Reldata becomes subject to Murphy's law

Comment Murphy is back, and sleepy storage supplier Reldata had better get used to a new management regime. Steven FX Murphy was the CEO of archival optical storage vendor Plasmon when it crashed and burned. It was assumed by several folks that Murphy was burned by the experience himself, and would go off and play golf for a good long …
Chris Mellor, 23 Sep 2009
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AST raises Plasmon technology from the grave

Alliance Storage Technologies, which bought the UDO (Ultra Density Optical) technology from defunct optical storage company Plasmon, is now making, distributing and supporting UDO and related Plasmon products. Plasmon was a British firm that tried to develop its own proprietary optical disk archiving technology and products. …
Chris Mellor, 29 Jul 2009
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Optical delusion: Plasmon's ignominious end

A Colorado-based storage systems business, Alliance Storage Technologies, has bought the assets ashes of Plasmon Inc. The deed was done on January 5 and the assets bought from the Silicon Valley Bank of Santa Clara, which had a court authorise the appointment of a receiver when Plasmon defaulted on a $10m credit line from the …
Chris Mellor, 16 Jan 2009
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Wolves gather around Plasmon

The wolves are gathering around the wreck that is Plasmon with companies offering to migrate people off Plasmon's optical products and onto a format with a more dependable future. QStar Technologies of Maryland has products that it wants Plasmon customers to think of as potential Plasmon product replacements. It says that DISC …
Chris Mellor, 1 Dec 2008
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Plasmon plc sheds staff as investor bails out

The US private equity-funded buyout of Plasmon's US operation has failed, leaving Plasmon plc in tatters. The Kroll administrators are searching for a new company buyer. On Friday a transfer of working capital cash was supposed to be made from Plasmon LLC in Broomfield, Colorado to Plasmon plc in Melbourn, England. But …
Chris Mellor, 10 Nov 2008
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Plasmon Inc rises from ashes of...Plasmon Ltd

Plasmon rides again. CEO Steve Murphy has successfully negotiated a private equity buyout of Plasmon Inc from the UK-based parent Plasmon Ltd which is in administration. Armed with undisclosed funds from an undisclosed US private equity firm, Plasmon Ltd CEO Steve Murphy has bought Plasmon Inc from the UK administrators of …
Chris Mellor, 24 Oct 2008
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Plasmon UK goes into administration

Plasmon has placed its UK and Europe operation in administration as it negotiates with an investor who it hopes will refinance and take over its core archive business. Plasmon has said that staff from Kroll's Corporate Advisory and Restructuring Group were appointed as Joint Administrators on Monday, 6 October. There are, in …
Chris Mellor, 8 Oct 2008
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Plasmon takeover talks fail

The talks between Plasmon and a private equity firm trying to take over the business have terminated. Plasmon's shares have been temporarily suspended on the London stock exchange. Plasmon sells archive systems which include archive software, disk storage, and optical disk drive storage. It has an agreement with NetApp …
Chris Mellor, 29 Sep 2008

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