IBM restructures server, storage hardware sales IBM is restructuring its Systems and Technology Group (STG) by...
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market segment, rather than by product type. An IBM spokesman confirmed an Associated Press report that the sales force for hardware products will be structured into four segments: large businesses, small businesses, industry systems for specific vertical markets and microelectronics.
Double-Take picks up TimeSpring
Data replication vendor Double-Take has added continuous data protection (CDP) to its portfolio with the acquisition of TimeSpring for $8.3 million. Double-Take intends to combine CDP with its replication to handle operational recovery from events, such as recovery from routine human errors.
Hitachi Global Storage Technologies, ASUS combine on 1 TB laptop
Hitachi Global Storage Technologies rolled out the 500 GB 2.5-inch Travelstar 5K500, which will be put into laptops and "slim" desktops. One of Hitachi GST OEM partner, ASUS, is planning a notebook that will combine two of these drives for the first 1 TB notebook computer. The products will ship in February.
Hitachi GST has also launched the E5K500, designed for applications requiring 24/7 operation in lower transaction environments. The E5K500 will ship later in the first quarter.
SanDisk bundles online data backup with flash drives
SanDisk launched Titanium Plus, a 4 GB USB flash drive that offers automatic online data backup for every file copied to the drive. SanDisk has partnered with BeInSync, a new outsourced data backup company.. The SanDisk drive comes with six months of free online backup service.
Chelsio snares $25M in funding
Ethernet adapter maker Chelsio secured $25 million in a Series E funding round. This round was led by Investor Growth Capital. The latest round brings Chelsio's total venture capital funding to $92 million.