Storage software revenue declined year-over-year for the first time in more than five years in the first quarter, according to IDC's quarterly Worldwide Quarterly Storage Software Tracker.
"The storage software market had its first year-over-year decline in more than five years," said Michael Margossian, research analyst, storage software at Framingham, Mass.-based IDC. "The combination of the normally slow first quarter for most companies with the continued economic climate was displayed in this quarter's results. A majority of companies displayed either negative or very low year-over-year growth."
IDC said the device management, replication and infrastructure categories had the biggest declines. Symantec Corp. was the only vendor to grow revenue year-over-year, increasing 2.5%. Hewlett-Packard Co.'s 21.5% drop was the biggest fall, while market leader EMC Corp. slipped 14.5%.
Emulex calls stockholder meetingEmulex Corp. said it will hold its 2009 annual stockholders meeting Nov. 19. The host bus adapter (HBA) vendor plans an open forum to discuss Broadcom Corp.'s tender offer and consent solicitation to acquire the company. Emulex is asking stockholders to reject Broadcom's request to meet with them as well as its offer of $9.25 per share.
Double-Take changes pricing model for Virtual SystemsDouble-Take Software Inc. rolled out a new pricing and licensing model for its Double-Take for Virtual Systems that will allow customers to protect an unlimited number of virtual machines under one license. Double-Take customers using VMware vSphere 4 can license on the hypervisor level rather than the guest virtual machine level, so they no longer have to track and count individual workloads.
Western Digital rolls out 4 TB external hard drive for MacsWestern Digital Corp. released the My Book Studio Edition II dual-drive storage systems. The 4 TB external hard drive is compatible with the Apple Time Machine automatic backup feature, has a dual-drive RAID 0 configuration and supports four interfaces: eSATA, FireWire 800, FireWire 400 and USB 2.0.
Hosted Solutions introduces Stratus Trusted Cloud platformHosted Solutions LLC unveiled the Stratus Trusted Cloud -- a scalable, multi-tenant infrastructure that allows access to a secure, enterprise-class cloud environment with high availability and automated resource balancing.
NextIO closes $15M funding roundNextIO has received a $15 million round of Series D funding from new and existing venture capitalists, as well as strategic investors. The money will be used to expand the I/O virtualization vendor's sales, marketing and support, and to accelerate the delivery of its second generation of ExpressConnect products.
ION Computer Systems launches Xeon storage systemION Computer Systems Inc. is rolling out the TerastatION4 with the Intel S5520HC motherboard in 2U, 3U, 5U or 8U configurations with storage capacities ranging from 2 TB to 50 TB. The TerastatION4 is available with solid-state drives, SAS and/or SATA drives.