Seagate Going to China?
Posted by Stephen in Computer history, Enterprise storage, Terabyte home on 27. Aug, 2007 | Comments
The stock market was alive with rumors that Seagate might be bought by an unnamed Chinese company, as reported in the New York Times, among others. This comes after a week of insider whispers about a possible tieup between Seagate and memory-makers, Micron or SanDisk, itself a Seagate spin-off. It seems that the [...]
XenSource Selects Citrix Over IPO
Posted by Stephen in Enterprise storage, Virtual Storage on 15. Aug, 2007 | Comments
As the virtualization world turns, hot on the heels of VMware’s successful IPO (it’s riding over $50 today), many might wonder about that company’s only major competitor. Well, the answer is here: XenSource is being acquired by client-side virtualizer, Citrix! Word is it’s a $500 million deal. Not bad for little XenSource!
This looks like a [...]
3PAR Warms Up the IPO Bullpen
Posted by Stephen in Enterprise storage on 15. Aug, 2007 | Comments
Wonder no more – 3PAR will hit the street sometime at some price to raise some money so they can do something. That’s right, their vague initial S-1 was announced yesterday. About the only thing we do know about 3PAR’s IPO is that it’s being handled jointly by Goldman Sachs and Credit Suisse. [...]
Yowza! VMware is a Rocket!
Posted by Stephen in Enterprise storage, Virtual Storage on 14. Aug, 2007 | Comments
EMC floated 10% of VMware today as an IPO (NYSE:VMW) and wow, is it taking off. Starting at $29, it’s at $51 after a couple of hours of trading, making EMC’s $635 million investment in 2003 worth $19 billion today. If this price is maintained (which I doubt it will be), VMware would [...]
Reyes Found Guilty On All Counts
Posted by Stephen in Enterprise storage on 07. Aug, 2007 | Comments
This just in: Greg Reyes, former CEO of Brocade, was just found guilty on all 10 counts relating to stock option backdating. Reyes maintains his innocence and vows to appeal.
IBM Goes to Princeton
Posted by Stephen in Enterprise storage on 06. Aug, 2007 | Comments
It’s acquisition month! After Siafu and Acopia, now comes Princeton Softech. IBM will undoubtedly spread their tech far and wide, or at least further and wider.
Who’s next?
