Sphere 3D preps reverse stock split
Sphere 3D, the perennially loss-making business that owns Overland Storage and Tandberg Data, is preparing a stock consolidation with a range from 1:2 to 1:10.
The stock is currently trading on...
Overland Storage survives another day in the Last Chance Saloon
Remember the tape and disk array vendor Overland Storage and its Tandberg Data subsidiary? It is about to get a new owner - albeit the same owner wearing a...
Overland owner posts deeper loss on lower Q3 revenues
Sphere 3D, the owner of Overland Storage and Tandberg, and virtualization vendor in its own right, saw revenues decline and losses deepen in its third 2018 quarter.
The company blamed...
All the storage news that’s fit to print! And then some…
Storage news is our stock-in-trade, but it is hard to keep up with the barrage directed at our inbox.
We simply don't have the manpower or energy to delve deep...
Sphere 3D spins out Overland into independence. But for how long?
Sphere 3D today completed the divestment of its Overland Storage subsidiary. It is now effectively debt-free.
The same cannot be said for Overland and its Tandberg subsidary. This lossmaking concern...
Self-driving cars! The Quantum of some solace for ailing tape vendor
CEO Jamie Lerner is taking Quantum into vertical markets with a front and central focus on StorNext, its scale out filesystem manager. The first example is a mobile storage...
Seagate declares war on tape
Seagate wants to take data stored on tape and migrate it to the cloud for faster access. Its Lyve Data Services use Tape Ark software and technology as a...
Seagate says tape to cloud pricing is ‘confidential’
Seagate’s Lyve Data Services will use per-customer, tape-to-cloud project pricing in its data migration centres but commercial details are opaque.
The company last week announced Lyve Data Services (LDS) in conjunction...
Ritek’s optical delusion baffles Blocks & Files
Optical disk demand will sky-rocket in 2020 as cloud computing centres come to realise optical disk archives are cheaper and last longer than tape or disk archives. So says...
Quantum booted off NYSE
The New York Stock Exchange has delisted the storage vendor Quantum for failure to file accounts.
The company's self-inflicted accounting mess is to blame. Quantum wrongly recognised up to $60m in revenues...
How do you sex up a tape library? Fujitsu marketer: “Ransomware!”
Fujitsu has applied a thin coat of ransomware marketing gloss to the most unlikely thing, a new mid-range tape library called the LT140.
Here's the pitch. Stored tapes are offline...
Model9’s mission to murder mainframe VTLs
"We love mainframe and we want to make it better," says Model9 co-founder and CEO Gil Peleg.
He wants to demonstrate his love by killing off mainframe Virtual Tape Libraries...