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Network Appliance, Inc. (NetApp) announced the grand opening of its newest technology center in Research Triangle Park (RTP), N.C. NetApp has been in the RTP area since 1999, and in 2004 purchased three buildings in RTP from Cisco Systems Inc. The space is 520,000 square feet and capable of accommodating more than 2,000 employees. The company currently employs 360 employees at RTP and operates a service and support center there. One possible incentive for the move: NetApp just signed an extensive OEM agreement with IBM, which has a large presence in RTP -- over 13,000 employees.
Overland rejects ADIC
Overland Storage Inc received an unsolicited letter from Advanced Digital Information Corp. (ADIC) saying that ADIC wanted to acquire all of the outstanding stock of Overland for $7.90 a share. ADIC reported in a Securities and Exchange Commission filing that it already owns 9.28% of Overland's stock. After conferring with the board of directors and financial advisors, Overland turned down the offer.
Lucent, QLogic sign service agreement
Lucent Technologies announced an agreement with QLogic Corp. to provide technical support, on-site service and advanced exchange services for QLogic switches and host bus adapters used in SANs.
Acronis appoints CEO
Acronis Inc. announced that its board of directors has named Walter Scott as the company's president and CEO. Scott most recently served as the CEO of Imceda Software Inc. Previously, Scott served as the vice president of worldwide sales for Embarcadero Technologies.
Players present SAS at HP forum
Broadcom Corp., Fujitsu Computer Products of America Inc., Hitachi Global Storage Technologies, Hewlett-Packard Co. (HP), LSI Logic Corp., Maxtor Corp. and Seagate Technology LLC are sponsoring the Serial (SAS) Experience Center at HP's technology forum and will showcase a number of live product demonstrations throughout the week. The tradeshow takes place Oct. 17 - 20, 2005, at the Orange County Convention Center in Orlando, Fla.