Maxoptix Corp. has purchased the business assets of Breece Hill Technologies, a Colorado-based supplier of entry-level...
to enterprise-class automated tape loaders and libraries. Financial terms of the agreements were not disclosed.
Fremont, Calif.-based Maxoptix, which makes Optical Super Density (OSD) removable drives and media, is looking to penetrate new segments of the storage market by expanding and automating its product line. Breece Hill brings an installed base of more than 14,000 libraries to the deal.
With the acquisition, Maxoptix now offers support for all leading tape formats in enterprise tape loaders and libraries scaling from entry-level to enterprise systems, stand-alone optical drives, and conventional optical libraries supporting magneto optical (MO) and DVD-RAM.
The Breece Hill organization will continue operating from its facility in Boulder, Colo. The company stated that the sales and marketing organization would be consolidated and headed by a Maxoptix senior vice president. Jim Watson, president and CEO of Breece Hill Technologies, will assume a senior executive position with Maxoptix. A spokesperson for Maxoptix stated that there are no layoffs related to the acquisition planned at this point and time.
Chief analyst for GartnerGroup's Dataquest Computer Storage Service, Fara Yale, and optical storage analyst Mary Craig said that while there are several synergistic reasons for the combination of Maxoptix and Breece Hill, the most important reason [for the acquisition] is that for Maxoptix' OSD product to succeed in the future it would be essential that it be integrated into automated libraries.
"By acquiring Breece Hill, Maxoptix will be able to do this themselves which will help to facilitate their time-to-market and alleviate their dependence upon relying on third party companies to integrate a new technology," said Yale.Let us know what you think about the story, e-mail Kevin Komiega, assistant news editor