Xiotech Corporation
announced today it has acquired Seagate Technology's
Advanced Storage Architecture (ASA) group. In the acquisition, Xiotech
purchased certain assets of the ASA business and acquired a license to the
associated technology.
Dr. Ellen Lary will serve as the vice president and general manager of
this team. Dr. Lary, who most recently was a consultant to the Seagate ASA
group, became vice president and general manager of Digital Equipment's
Storage Product Division in 1996, where she grew the business to $1.9
billion in revenue. After Compaq's acquisition of Digital, she was
appointed vice president of Business Critical Storage for Compaq.
Steve Sicola, general manager of the Seagate ASA group, will serve as
the chief technology officer for Xiotech. Mr. Sicola has more than 29 years
in the storage industry, was a Compaq Fellow, and was chief technology
officer of StorageWorks at Compaq and Digital.
"We think that the ASA technology will in time transform the market's
perceptions about storage capacity, performance and reliability," said
Casey Powell, president and CEO, Xiotech. "In time, we expect the ASA group
to provide significant additional revenue to Xiotech."
Xiotech
Xiotech is a leading provider of data storage and data protection
products and services to midsized organizations. Xiotech's easy-to-use,
reliable and adaptable data storage and data protection solutions minimize
risk, maximize value and provide organizations with a low total cost of
ownership. Xiotech's Magnitude(R) line of midrange storage solutions
includes scalable and easy-to-use Fibre Channel and iSCSI-based storage
area network (SAN) systems and a comprehensive set of data protection
solutions.
Source: Xiotech
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