FalconStor Software and Huawei-3Com Expand Strategic Partnership
biz.yahoo.com
Wednesday October 25, 8:30 am ET
China's Number One IP Network Solutions Provider Huawei-3Com Will Participate in Joint R&D Efforts with FalconStor and Commits to a Multi-Year, Multi-Million Dollar Sales Arrangement
MELVILLE, N.Y.--(BUSINESS WIRE)--FalconStor Software, Inc., the premier developer of adaptive data protection solutions, and Hangzhou Huawei-3Com Technology Co. Ltd, a leading global manufacturer of IP network solutions, announced today that they have expanded their strategic partnership in IP Network Storage to include joint R&D activities in China and a multi-year, multi-million dollar commitment.
"As the trend towards convergence between networking and storage continues, it's logical that an aggressive network technology company like Huawei-3Com would strive to provide a total network and storage solution to its customers," said Mr. Li Zhi, Director, Storage Products, Huawei-3Com. "For this reason, Huawei-3Com's IP storage solution powered by FalconStor's technology represents a significant milestone in the execution of this vision."
"We chose to extend our partnership with FalconStor because FalconStor's solutions offer an open architecture with an application-centric paradigm, which allows us to provide innovative data protection solutions with minimal operating cost and maximum return on investment," said Mr. Li Zhi.
"FalconStor recognizes the explosive growth and opportunity in Asia-Pacific. Huawei-3Com's build-up of engineering/support capacity in China, combined with FalconStor's technology will rapidly advance network storage solutions," said Eric Chen, FalconStor General Manager, Asia-Pacific. "Huawei-3Com has a unique ability to penetrate not only Asia-Pacific, but the world-wide market with over 1,300 partners and its significant acceptance among end-users."
As part of the newly expanded contract, both parties agree to collaborate on sales efforts into international markets including EMEA, North America, and Asia-Pacific. Products will include the breadth of FalconStor's offerings including virtual tape library, continuous data protection, disaster recovery and virtualization. |
