A new focus revives Storage Technology

Article Abstract:

Storage Technology has made an impressive comeback since filing for Chapter 11 bankruptcy in 1983. The computer storage equipment manufacturer was the leading gainer on the NYSE during the first half of 1990. Last week a 160 percent increase in 2nd qtr earnings was announced. The $11.4 million earned on sales of $276.4 million outstripped the projections of most analysts, who also could not explain why the announcement was followed by a 25 percent decline in the company's stock. The company's leading product is a tape library which stores data tapes and can automatically retrieve and load them with a robotic arm. The company is now developing a fast, fault-tolerant disk drive system. The company is committed to open systems.

Management, Computer industry, Profits, Storage Technology Corp., STK, Growth (Physiology), Growth, Profit, Financial Report, Open Systems

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BlueArc is to introduce a faster data storage device

Article Abstract:

BlueArc, a new Silicon Valley company formerly called Synaxia Networks in Britain, has developed semiconductor chips that allow data storage servers to operate much more quickly. This technology will be in demand for many largescale online operations requiring customer interaction with databases. If accepted by the market, BlueArc's data storage system would threaten the products of EMC, Network Appliance, Cisco Systems, Alteon and Extreme Networks.

Telephone and telegraph apparatus, Communications Processors, Telephone Apparatus Manufacturing, Computer network equipment industry, Network hardware industry, Communications servers, Product introduction, Network/file server technology, NFS, Data storage device, BlueArc Corp.

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EMC's big bet on explosion in data storage

Article Abstract:

EMC Corp. sponsored a study at UC Berkeley that reported an increase in information in the next three years that would exceed all recorded information in the whole of human history. With this report, EMC has told Wall Street to expect a raise in need for computer data storage systems, hence an increae in profits and revenue at EMC.

Research & development outlays, Research & Development, Scientific Research and Development Services, Research, High technology industry, Reports, Research and development, Industrial research, Research institutes, University of California, Berkeley, EMC Corp. (Saint Paul, Minnesota)

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