Tape Media

Tape Drives

Removable Disk Storage

Imation RDX

Imation RDX Bundles

Imation RDX Media Secure

Imation Defender Flash Security

Quantum RDX

Quantum RDX 8000 Library

HP RDX Removable Disk

Tandberg Data RDX QuikStor

Qualstar Tape Libraries

Overland NEO Tape Libraries

Tape Drive Autoloaders

HP StorageWorks

Tandberg Data Storage Library

Quantum SuperLoaders

Overland Storage NEO S

NEO S Series Support

NAS Storage

Snap Server NAS

SnapServer DX DynamicRAID

SnapServer DX1/DX2 Bundles

SnapScale X2 Clustered NAS

SnapScale X4 Scalable NAS

Snap Server Support

Snap Server Software

Tandberg Data BizNAS

LenovoEMC StorCenter NAS

LenovoEMC px4-400d/ px4-400r

LenovoEMC px12-400r NAS

LenovoEMC px12-450r NAS

Iomega NAS Service Plans

Pegasus RAID Storage for MAC

Pegasus2 RAID Thunderbolt

Netgear ReadyNAS

SnapSAN S1000 Storage Array

SnapServer S2000 iSCSI SAN

Overland Storage REO VTL

Nexsan Storage

Adaptec SCSI HBA Cards

ATTO SAS/SATA/FC HBA

ATTO ExpressSAS RAID

ATTO 10GbE NIC Cards

iSCSI/ FC HBA Cards

SATA/ SAS HBA Cards

Cables & Terminators

Barcode Labels

Turtle Storage Cases

Repair Services

Reconditioned Tape Drives


Custom Sequence Barcode Labels for all your Tape Media - DLT, SDLT AIT and LTO FREE LTO BARCODE LABELS

  AUTHORIZED PARTNER

Iomega StorCenter Network Storage Appliances

SnapServer DX2 - Double your Capacity Free

Browse by Manufacturer
Mailing Lists

Quantum leaps into LTO

By Shane O'Neill, Senior News Writer
21 Oct 2004

If you can't compete with LTO, buy it. That's what Quantum Corp. did yesterday when it announced it has agreed to acquire LTO tape company Certance for $60 million in cash. With the acquisition, Quantum will plug a hole in its portfolio with the fastest growing tape technology on the market.

By purchasing Certance, Quantum adds the coveted LTO Ultrium tape technology -- along with lower-end tape formats DDS/DAT and Travan -- to its existing DLT tape drives. Additionally, the acquisition will give Quantum a DAT-72 autoloader and a disk-to-disk-to-tape (D2D2T) appliance for small and medium-sized businesses (SMBs), both of which Certance released over the past year.

Rick Belluzzo, chairman and CEO of Quantum, said the two companies are now combined as a $1 billion company and will build on each other's strengths. "We will offer the industry's broadest portfolio of tape and disk systems for backup, recovery and archive," he said.

Randy Kerns, senior partner, The Evaluator Group, Greenwood Village, Colo. points to the addition of LTO technology as the real boon for Quantum. "This is really a big deal," said Kerns. "It allows Quantum to diversity its tape portfolio and get into the fast-growing LTO market. This will make Quantum a much stronger company."

LTO tape library revenue outpaced SDLT by more than a 3-to-1 margin in 2003 according to Bob Abraham, president of Ojai, Calif.-based analyst firm Freeman Reports. He predicted that users and OEMs will benefit from the merging of the two companies. "This is a superb move because the two companies have historically been strongest in different parts of the market -- Certance in the entry-level and Quantum in the midrange," said Abraham. "This combination will benefit users and address the desire of OEMs and tape automation providers to streamline supply chain management."

Quantum's acquisition of Certance is one of a few actions the company has made in the past year. Last fall it introduced three products: the SDLT 600 tape drive, PX720 tape library and DX100 disk-based backup system.

Under the terms of the agreement Quantum will acquire all of Certance for $60 million in cash and integrate the company into Quantum. This purchase price excludes the distribution to the sellers of up to $34 million cash from Certance's balance sheet. The acquisition is expected to close within the fourth calendar quarter of 2004.

Search
Shopping Cart
Your cart is empty.

Tandberg Data RDX Quikstor Removable Disk Cartridges

FREE IBM LTO Ultrium Tape Promotion - 35L2086

Imation FREE Docking Station Promotion with Purchase of select RDX Cartridges

HP RDX - Cash Back Rebate with Purchase of Cartridge/Dock

ATTO ExpressSAS 6Gb/s RAID Adapters

Free Shipping UPS Ground - $500 min. order


Repair Services - 6 Month Warranty Fast Turnaround

Outlet Center - Refurbished Tape Drives - 6 Month Warranty