Quantum faces revenue drop but anticipates turnaround with operational overhaul
Quantum reported subdued results for its second FY 2025 quarter but said operational improvements, a product portfolio refresh, and go-to-market enhancements would return the company to growth.
Revenues in the...
Huawei developing SSD-tape hybrid amid US tech restrictions
Huawei’s in-house development of Magneto-Electric Disk (MED) archive storage technology combines an SSD with a Huawei-developed tape drive to provide warm (nearline) and cold data storage.
MED technology was first...
Storage news ticker – October 3
Adaptive announced a control plane that brokers access across all surfaces and safeguards sensitive information, protecting data closer to its source, minimizing sensitive data exposure. It uses an agentless architecture...
IBM unveils tenth-gen DS8000 mainframe arrays
IBM has designed its block access DS8000 mainframe arrays to store more and access data faster with its tenth-generation models.
The two all-flash models have got enhanced Power9 processors, not...
Quantum executes reverse stock split to avoid Nasdaq delisting
Faced with the possibility of being delisted by Nasdaq due to its stock being worth less than $1, Quantum is implementing a reverse stock split to drive up the...
All taped up: Quantum’s hyperscaler tape sales dive hits bottom line
Quantum’s latest results show that the collapse of its hypescaler tape business caused a significant revenue dip. The biz has also performed some finance restructuring.
The company has been grappling...
Surprise move as Pure Storage invests in ceramic storage tech
Fast access all-flash array vendor Pure Storage has indicated an interest in long-term archival storage by investing in ceramic storage startup Cerabyte and gaining a board seat.
Cerabyte is developing...
Cerabyte brings archival glass tablets to the US
Archival glass storage system specialist Cerabyte is bringing its technology to the USA.
Cerabyte's tech stores data imprinted as femtosecond laser nanoscale holes in a ceramic medium layered on a...
Spectra Logic and Cohesity pair up to manage archived data
Spectra Logic and Cohesity are integrating their technology to deliver what they claim will be a “comprehensive” data protection and archival solution for enterprises.
The new offering uses the Cohesity...
Quantum confirms dramatic sales plunge for FY 2024
Quantum has finally announced its delayed full fiscal 2024 profit and loss accounts, and they don't make for pretty reading for employees, investors or customers.
Revenues for FY 2024,...
Let them eat tape: Multi-decade information storage problems
Analysis: Customers are sometimes faced with costly and sometimes unexpected permanent withdrawal fees when ending digital tape cartridge vaulting contracts. What lessons should be learned from this and how...
Spectra Logic and Geyser Data serve up TAPAS – Tape-as-a-service
On-premises tape library system vendor Spectra Logic is offering its products as a service.
Spectra Logic customers buy its Tfinity and Cube tape library systems for deployment on-premises as backup...