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ADIC Q4 earnings down
Tape library company Advanced Digital Information Corp. (ADIC) announced that its fourth-quarter earnings fell 16.3 percent to $4.9 million, or 7 cents a share. In the same period last year, the company earned $5.7 million, or 9 cents a share. Revenue fell 2.2 percent to $115.4 million from $118 million a year ago, falling short of analysts' predicted earnings of 2 cents a share on revenue of $121 million. ADIC revenue did grow on a sequential basis, up five percent from the preceding third quarter.
Atto HBA to be bundled with Facilis array
ATTO Technology, Inc., a provider of storage connectivity and infrastructure products, announced that it has entered into an OEM agreement with Facilis for 4-Gigabit ATTO Celerity host bus adapter (HBA). Through the terms of the agreement, ATTO is supplying the Celerity FC-42XS HBA, which is being bundled with Facilis' new Terrablock Shared Storage System targeted for the emerging high-definition television (HDTV) markets. The Celerity FC-42XS is a 4-Gigabit dual-channel Fibre Channel HBA offering up to 800 MB/sec. performance. Celerity FC-42XS supports applications including digital content creation, tape streaming and backup, rich content delivery and complex databases.
Candera closes up shop
Storage equipment vendor Candera Inc. has officially closed its doors because of weak sales and lack of support from major OEMs. A Candera spokesman confirmed that the company's assets will be sold, but would not offer any other specific details. Candera made a storage switch for managing serial ATA (SATA) storage devices on a storage area network (SAN).