Articles about nexsan

If you printed out this week's storage news and laid it end to end, it would stretch to the end of, er, your desk

Our weekly storage news roundups are threatening to become multi-page books. Here's a further collection of updates that covers NVMe-over-Fabrics, AI processors, software-defined storage, file-sharing, OpenStack, the public cloud, performance management, a new storage array, and startup investment and tape, with three sets of …
Chris Mellor, 14 May 2017
EMC_Unity_bezel

Court favours Nexsan over EMC in Unity trademark squabble

EMC will probably have to change the name of its Unity array, now that a court has found in favour of Nexsan's use of the trademark. Both companies market storage arrays branded Unity. Nexsan reckoned it filed its Unity trademark first and sued EMC for misusing it. EMC renamed its mid-range VNX/VNXe arrays Unity when it …
Chris Mellor, 19 Apr 2017

Yee-haw! It's the Friday storage round-up

Not every story is NetApp making a hyperconverged product, or Oracle possibly canning tape products. Here's a roundup of several pieces of news that are nevertheless significant. We wrote about data management startup Komprise some time ago. It tells us it released its product last year, has partnerships with NetApp, EMC, …
Chris Mellor, 17 Feb 2017

Prepare for an acquisition whirlwind? Private equity owners sweep up Nexsan

Comment Nexsan, newly sold by Imation to private equity house Spear Point Capital Management, is now run by that firm's co-founder and managing partner, Ron Bienvenu. Bienvenu was appointed executive vice chairman in January, when Imation sold storage array business Nexsan to New Orleans-based Spear Point's vehicle NXSN. At that time …
Chris Mellor, 15 Feb 2017

Spun-out Nexsan now prowling the market for growth and acquisitions

Nexsan's sale to private equity has gone through and the company is now looking to drive organic and inorganic growth. Spear Point Capital affiliate NXSN Acquisition Corp bought Nexsan from Imation. CEO Bob Fernander and CTO Geoff Barrall will continue to run Nexsan, which is being given up to $10 million in fresh private …
Chris Mellor, 24 Jan 2017

Imation agrees deal to offload Nexsan to private equity

+ Comment Imation has reached an agreement to sell its Nexsan storage array and Connected Data subsidiaries to private equity company Spear Point Capital Management in a non-cash deal. The stock purchase agreement is detailed in an Imation 8K SEC filing. Here's a timeline of the relevant events: Jan 2013 - Imation buys Nexsan for $ …
Chris Mellor, 24 Nov 2016

Green shoot at Imation as Nexsan revenues revive

Shrunken Imation's revenues have started edging ahead in its third 2016 quarter as pared-back Nexsan grows, but losses continue. Revenues were $11.5m compared with Nexsan revenues of $14.5m a year ago, a 20.1 per cent fall. However they were 8.5 per cent higher than the second quarter's $10.6m. There was a net loss of $7.1m, …
Chris Mellor, 9 Nov 2016

Pixel perfect: Nexsan Unity arrays get smartphone and web browser access

Mobile phone users can access Nexsan's Unity storage array, and Nexsan has added web access apps for laptops and desktops. Unity users can access files on the array via iOS and Android mobile phone apps, and by using browser access on their notebook computers or a desktop one. They can do this anywhere there is internet access …
Chris Mellor, 2 Nov 2016

HyperGrid's CMO loss is Nexsan's CMO gain

Victoria Grey has left her CMO position at hyper-converged vendor HyperGrid to take on a chief marketing officer role at traditional storage array vendor Nexsan. Nexsan is Imation’s storage array product set with added file sync and share capabilities. Grey’s Twitter profile declares she is “Acting CMO for Nexsan.” She was …
Chris Mellor, 3 Oct 2016

Dear Imation. It's always darkest just before it goes pitch black

Nexsan-owner Imation's second quarter of 2016 marked its tenth straight quarterly loss. But hey, at least it was the smallest loss of the ten. Revenue from the three months to June 30 was $10.6m, down 37 per cent from the year-ago quarter's $16.9m, and a smidge less than the prior quarter's $10.7m. Imation said this was due …
Chris Mellor, 8 Aug 2016
Stanley Kubrick's The Shining

Imation's losses deepen 500%. CEO says things are 'successful'

+Comment About turn! You never lack for excitement with Imation, which has turned the previous quarter’s $94m in revenues and near $10m in losses into this quarter’s $10.7m revenues and $91.1m losses. Oy vey, where did the money go? Let’s try and sort this amazing black hole of red ink – excuse the tortured metaphors – into some kind …
Chris Mellor, 11 May 2016
Nexsan_BEAST

Nexsan sues EMC in tussle over Unity name

EMC is being sued by Nexsan, which claims the storage goliath is trying to rip off its Unity trademark. EMC is also trying to force Nexsan to give up the Unity name, it's alleged. Nexsan, the renamed Imation, launched its Unity array on April 26 only to see EMC launch its own Unity, the updated VNX/VNXe product line, on May 2 …
Chris Mellor, 9 May 2016
data centre

X-IO and Pivot3 enter mutual back-scratch deal

X-IO is going to add Pivot3 hyper-converged products to its customers and provide IP, software and engineering services to Pivot3. Here's the juice. We know X-IO is offering Nexsan's E60 arrays as a cold storage tier to its customers and partners. Now it's allying itself with hyper-converged and hybrid array startup Pivot3 in …
Chris Mellor, 28 Apr 2016

X-IO adds archive storage tier: ISE and iglu get cold storage

Nexsan, the renamed Imation, has signed an OEM agreement with X-IO Technologies whereby X-IO will add Nexsan’s E60 storage array to its product portfolio as a capacity disk tier. The E60VT is a 480TB to 1.44PB array with 60 disk drives in a 4U unit. It can combine flash and disk drives, and features power-down operation, …
Chris Mellor, 27 Apr 2016
Nexsan_BEAST

Array biz's figures leave little to the Imation

Well, we were expecting diminished revenues and growing losses – and storage biz Imation didn't pull off any last-minute surprises. The Minnesota-based outfit's revenues were down 52 per cent year-on-year in its final quarter of 2015 as it divested itself of everything except its Nexsan array business and the acquired …
Chris Mellor, 8 Mar 2016
Nexsan_BEAST

Back-to-the-future Nexsan resurrects its SATABeast

Nexsan, the sole remaining real storage business inside the shell remnants of Imation, has resurrected its SATABeast array with a 4U shelf containing sixty 8TB 7,200rpm disk drives – 480TB in total. The Imation website has had a full Nexsan make-over, with virtually all mentions of Imation excised. From now on Imation's future …
Chris Mellor, 18 Feb 2016

Imation results drenched in red as exiting consumer biz cuts deep

+Comment Global data storage company Imation is on the accountant's operating table and diseased flesh is being slowly cut away. Its third quarter results are dominated by red ink, with a $152m loss, 148 per cent worse (yes, worse) than a year ago. Revenues for the quarter were $129.2m, 26.2 per cent less than the year-ago quarter’s $ …
Chris Mellor, 9 Nov 2015
Railway line split. Pic: Ian Sane

Blood in the boardroom as Imation ejects from tape media business

Clinton Group execs in charge at struggling Imation have started restructuring the business to make it a tastier dish, discarding its tape media business, selling off property assets and starting a Nexsan array business restructuring exercise. Activist investors at the Clinton Group deposed Imation’s existing board chairman …
Chris Mellor, 29 Sep 2015

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