ProStor Systems sells the RDX
Technology to Tandberg Data
Tandberg Data - the new owner of RDX Technology.
Tandberg Data, today announced that it has signed a
definitive agreement to acquire the RDX business from ProStor Systems. The terms
of the deal were not disclosed. Tandberg Data will acquire the RDX business,
including intellectual property and key members of ProStor’s RDX engineering
team. The RDX removable disk technology has become the industry standard in
removable disk storage for backup, data protection and archive. Tandberg Data
has established itself as a market leader in the removable disk market since the
introduction of RDX in 2006.
ProStor Systems, founded in 2005, is the developer of the RDX
removable disk technology and the InfiniVault line of intelligent, compliant
archive solutions. After the asset acquisition, ProStor will focus on the
development, marketing and sales of the InfiniVault range. InfiniVault uses RDX
removable disk cartridges as the archival storage medium, for which Prostor will
license the RDX technology from Tandberg Data.
"The acquisition of the RDX business further solidifies
Tandberg Data’s position in the data protection market," says Pat Clarke, CEO of
Tandberg Data. "In the past year, we have expanded our product portfolio with
new data protection products and appliances, and acquired our manufacturing
facility in China. With the ownership of the RDX technology, we will be able to
strengthen relationships with our customers, partners and RDX licensees, and
grow the RDX business."
Tandberg Data will work closely together with current RDX
license partners, to further grow the removable disk market through continued
investment in R&D, sales and marketing of the RDX technology.
"We look forward to working with our license partners on
developing the RDX technology and growing the RDX customer base," says Pat
Clarke. "We will support partners like Imation in developing their RDX business.
We have a long standing history of cooperation with Imation and we look forward
to further strengthening this relationship."