Nov 15 2007

It’s a Deal

Posted by admin in Vendor
It's a Deal

It's baaack – Xiotech, the spun-off entity of Seagate's 1999 acquisition is now back to gobble up the intellectual property rights of Seagate. After Seagate spun the company off in 2002, Xiotech has built its e-discovery business, and now has acquired the Advanced Storage Architecture (ASA) business along with a few key executives: Ellen Lary, who was serving as a technical consultant to the technical group within Seagate, and Steve Sicola, who was general manager of the group at Seagate according to a SearchStorage.com news report.

The hope is that ASA group will enhance Xiotech's revenue. When remains to be seen, but the mechanisms are now in place.


One Response to “It’s a Deal”

  1. Pete Steege Says:

    ASA is an amazing technology, revolutionary if applied to the right problem. Best of luck to Xiotech with this diamond in the rough!

Leave a Reply

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>