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
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.