McData reports slight profit loss in Q4
McData Corp. reported a slight loss in the fourth quarter of 2004 of $0.1 million. Thatcompares to a net loss of $7.5 million reported in the same quarter a year ago. Net revenues for Q4, 2004 totaled $105.8 million, up 7% from last quarter, but down 7% from the same period last year. The company reported total net revenues for fiscal year 2004 of $399.8 million, a decrease of 5% from $418.9 million reported in fiscal year 2003. It's worth noting that McData acquired CNT this year for approximately $235 million.
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The Storage Networking Industry Association's (SNIA) Data Management Forum announced the formation of a Continuous Data Protection (CDP) special interest group within the Data Protection Initiative. The founding members of the group are from continuous data protection vendors such as Alacritus, EMC, Hitachi Data Systems, InMage, Mendocino, Mimosa Systems, NetApp, TimeSpring, Revivio, Scentric, Storactive, Sun Microsystems, Veritas and XOsoft. The group has set an agenda for 2005 that will develop terminology to describe the technology along with practices and features of data protection. The group will also develop the technical requirements for a CDP data services interface standard within the Storage Management Initiative Specification. Adaptec, Supermicro partner for RAID
Adaptec Inc. and Supermicro Computer Inc., a manufacturer of motherboards and servers, announced the availability of the industry's first serial ATA II (SATA II)-enabled motherboards configured for Zero Channel RAID (ZCR), which Supermicro is now selling in many SATA II hardware RAID server configurations. Powered by Adaptec's new SATA II ZCR controllers and RAID software, these servers are designed for high-density storage and offer a cost-effective upgrade path to RAID-5, along with high-speed throughput and greater scalability, the company said.