"We believe the storage systems and network systems markets are converging and that they can be better addressed by a focused technology partnership strategy," said Steve Thompson, chief technology officer of Xyratex in a press release. "The deal allows each company to better focus around its core business."
In a recent report of financial details for the first quarter, Xyratex reported declining profit margins for network systems products, down just a hair from 15.9% to 15.1% year over year. However, gross profit margin on the storage infrastructure products was up 29.4% from 28.9% a year ago, according to the report. Overall, Xyratex reported that revenues from storage and network systems products were $128.8 million as compared to $88.8 million in the same quarter a year ago, an increase of 45%.
Revinetix backs up in Utah Disk-to-disk-to-tape backup startup Revinetix announced that the University of Utah's chemistry department has deployed a second Revinetix Sentio backup appliance attached to its Linux servers running network file, mail and database applications. The university switched to Revinetix's device to back
OnStor joins SNIA Europe OnStor announced membership in the Storage Networking Industry Association (SNIA) Europe. Already a member in the U.S., OnStor decided to join the European affiliate to help its recent business in the U.K. and continental Europe.