Storage Clips: Former Brocade CEO spills the beans

Greg Reyes, former CEO of Brocade, told BusinessWeek he was selling the company to Cisco in Nov. '04, before being ousted by the board for options accounting irregularities.

Daily compilation of storage news:

Former Brocade CEO had Cisco deal in sight
Former Brocade CEO, Greg Reyes, has told BusinessWeek that he was in the process of selling the company to Cisco in November 2004, before being ousted by Brocade's board of directors for options accounting irregularities. Now BusinessWeek claims it has three sources, all saying that the Securities and Exchange Commission is likely to bring civil charges against him soon. The Justice Department. is also investigating a criminal case. "I'm scared," Reyes is quoted as saying.

University of Wyoming chooses IBM
IBM announced that the University of Wyoming has consolidated its storage using IBM's TotalStorage DS8100 storage server. The new storage environment at the university now supports a new Student Information System that will house all of the institution's academic data, including course information, as well as student and administration records.

Sun VP moves to Pillar
Brenda Zawatski, information lifecycle management vice president, first at Storage Technology Corp. (StorageTek) and then at Sun, has moved to Ellison-backed startup Pillar Data Systems. Zawatski joined StorageTek last year just months before Sun swallowed it up and as soon as the acquisition took place, Zawatski declared her intentions to leave, and began talks with Pillar in October.

SafeBoot launches USB storage devices
SafeBoot released the MDisk line of removable USB storage devices. The devices encrypt data and are available in six capacity options from 128 MB ($55) to 4 GB ($373).

This Content Component encountered an error

Pro+

Features

Enjoy the benefits of Pro+ membership, learn more and join.

0 comments

Oldest 

Forgot Password?

No problem! Submit your e-mail address below. We'll send you an email containing your password.

Your password has been sent to:

-ADS BY GOOGLE

SearchSolidStateStorage

SearchVirtualStorage

SearchCloudStorage

SearchDisasterRecovery

SearchDataBackup

Close