Computer and Technology

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  • Igneous Systems Announces Two Executive Hires

    Allison Armstrong joins Igneous as VP, Marketing and Anna Mowry joins as VP, Finance and Operations as company enters next phase of growth SEATTLE, WA – Igneous Systems, which designed the industry’s first secondary storage for massive file systems, today announced recent additions to its executive team in the wake of its January Series-B venture capital financing round.  Anna Mowry was named Vice President of Finance and Operations, and Allison Armstrong was named Vice President of Marketing. “Our early successes…

  • Mike Dodson Named Interim CEO, Quantum

    Effective May31, 2018, Quantum Corporation appointed J. Michael Dodson as interim CEO, replacing Patrick Dennis, who resigned from the company as CEO and as a director effective May 25, 2018. Dodson was also appointed SVP, CFO, replacing Fuad Ahmad, who departed the company effective May 30, 2018. From August 2017 to May 2018, Mike Dodson, 57, served as the CFO of Greenwave Systems. Prior to that, he served as the COO and CFO at Mattson Technology, Inc. from 2012 to…

  • Toshiba Finally Completes $18 Billion Sale of NAND Chip Unit to Bain

    Regarding consummation of the transaction for the sale of Toshiba Memory Corporation (TMC), Toshiba Corporation announced that all conditions necessary to close the sale of all shares of Toshiba Memory Corporation (TMC), a wholly-owned subsidiary of Toshiba, to K.K. Pangea (hereinafter Pangea), a special purpose company formed and controlled by a consortium led by Bain Capital Private Equity, LP, had been met, and that the closing of the transaction was expected to occur on June 1, 2018. Toshiba hereby gives…

  • Cost-savings theme pervades IBM storage news

    A flurry of storage announcements from IBM share a common theme: Helping customers achieve greater efficiency and wring cost savings from their multitier, multi-cloud storage environments. Anchoring the news is IBM Storage Insights, a new AI and cloud-based storage management platform that’s designed to give users a fast view of storage capacity and performance, as well as make tiering recommendations to help cut storage costs. A single dashboard shows the status of block storage and captures trend information. “Imagine you…

  • Does the brain store information in discrete or analog form?

    Article Topper: Standard (text only topper) Rewriting Life Does the brain store information in discrete or analog form? New evidence in favor of a discrete form of data storage could change the way we understand the brain and the devices we build to interface with it. For engineers, the question of whether to store information in analog or discrete form is easy to answer. Discrete data storage has clear advantages, not least of which is that it is much more…

  • Seagate: Fiscal 3Q18 Financial Results

    (in $ million) 3Q17 3Q18 9 mo. 17 9 mo. 18 Revenue 2,674 2,803 8,365 8,349 Growth 5% -0% Net income (loss) 194 381 658 721 Seagate Technology plc reported financial results for the quarter ended March 30, 2018. For the third quarter, the company reported revenue of $2.8 billion, gross margin of 30.2%, net income of $381 million and diluted earnings per share of $1.31. On a non-GAAP basis, which excludes the net impact of certain items, Seagate reported…

  • NAND Flash Prices to Decline

    The NAND flash market has witnessed a slight oversupply in 1Q18. The growth momentum remains weak in 2Q18 although the demand increases, according to DRAMeXchange, a division of TrendForce. It is expected that the slight oversupply in NAND flash market will remain and the prices will continue to decline. In the 2H18, the overall demand will increase due to the peak season. Demand in channel markets will also recover because of the lower prices. The growths in average NAND flash content per box for…

  • SoftBank is in talks to invest in data storage company Cohesity

    SoftBank’s Vision Fund is in late talks to fund a hot data-storage company, Cohesity, in a deal that would value the company at about $1 billion. Investors would place at least $150 million into the company, people familiar with the matter say, in what would be the latest romp on a deal spree by the massive technology investing firm. The Vision Fund-led round is still in the process of closing, the people said, and the numbers could change slightly. Cohesity…

  • 10 hot storage companies to watch

    Innovations such as software-defined storage (SDS), hyper-converged infrastructures (HCI), and blockchain have investors flocking to enterprise storage startups, and this market shows no signs of slowing down. Collectively, the 10 startups featured in this roundup have raised more than $736 million in VC funding. This total is even more impressive when you factor in two startups not included in that calculation. One of them is entirely self-funded, while the other has a unique business model and an equally unique source…

  • Semiconductor Industry Topped $429 Billion in 2017, Highest Growth Rate in 14 Years – IHS Markit

    The semiconductor industry closed out 2017 in blockbuster fashion, posting the highest year-over-year growth in 14 years. Global semiconductor revenue grew 21.7%, reaching $429.1 billion in 2017, according to IHS Markit Ltd, in critical information, analytics and solutions. WW Ranking of the Top 10 Suppliers of Semiconductors in 2017 (ranking by revenue in $ million) Click to enlarge Recording year-over-year growth of 53.6%, and its highest semiconductor revenue ever, Samsung replaced Intel as the new market leader of the semiconductor…

  • Storage Software Industry is touching new level with key companies IBM, NetApp, Huawei Technologies, Hewlett-Packard – The Financial

    .entry-header 728×90, utworzono 09-12-08 The qualitative research study conducted by HTF MI titled “Global Storage Software Market Research Report 2018” provides primary Data, surveys, Scope of the Product and vendor briefings. The market dynamic forces have been determined after conducting a detailed study of the Global Storage Software market. The study provides forecasts for Storage Software investments till 2023. If you are involved in the Storage Software industry or intend to be, then this study will provide you comprehensive outlook….

  • What is composable infrastructure?

    Composable infrastructure treats compute, storage, and network devices as pools of resources that can be provisioned as needed, depending on what different workloads require for optimum performance. It’s an emerging category of infrastructure that’s aimed at optimizing IT resources and improving business agility.The approach is like a public cloud in that resource capacity is requested and provisioned from shared capacity – except composable infrastructure sits on-premises in an enterprise data center. IT resources are treated as services, and the composable…

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