Went to LinuxWorld. Web\Application\Media Servers and Clustered Parallel Servers were being offered by HWP, CPQ, SUNW, IBM, SGI and assorted Black Box vendors, but nary a single Fibre Channel storage network or subsystem was available yet. This is a space MTI is well positioned to play in, and I think I saw evidence in San Jose that Linux will continue to garner support and gain market share in the enterprise.
biz.yahoo.com
MTI Technology Completes Acquisition of Equity Interest in Caldera Systems;
Company Expands Support for Linux in High-Availability Storage Solutions
ANAHEIM, Calif., Aug. 12 /PRNewswire/ -- MTI Technology Corp. (Nasdaq: MTIC - news) announced that it has completed its purchase of a minority equity interest in Caldera Systems Inc. MTI purchased over 5.3 million shares of Caldera's Common Stock for $6.0 million. Caldera, a premier provider of the Linux operating system for business, is headquartered in Orem, Utah.
MTI and Caldera have also entered into a distribution and license agreement that allows MTI to market and distribute the full range of Caldera's products and services. This agreement also provides for future cooperation between the companies in research, development and manufacturing.
MTI expects to leverage its service and support resources to meet the consulting, service and support needs of the growing Linux market. In addition, MTI is using Linux as a foundation for developing advanced storage technologies and products.
``We believe that the Linux operating system represents an important and growing market opportunity for MTI's storage servers,' said Earl Pearlman, president and chief executive officer of MTI. ``As one of the leading providers of Linux for business, Caldera Systems is well-positioned to continue to expand the market for sophisticated enterprise applications that require large amounts of storage in high-availability data processing environments.' |
