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Technology Stocks : Network Appliance
NTAP 109.82-1.0%Dec 23 3:59 PM EST

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To: Miguel Octavio who wrote ()3/28/2000 7:48:00 AM
From: Magic212   of 10934
 
F Y I: IBM Sets $400 Million Storage Area Networks E-Business Program

MAR 28,2000

SOMERS, N.Y. -(Dow Jones)- International Business Machines Corp. (IBM)
unveiled a $400 million initiative to offer services to the storage area
network, or SAN, market.
In a press release Tuesday, IBM said as part of its initiative, it will
establish more than 50 SAN centers with business partners to develop services,
establish new SAN testing facilities in Montpellier, France and Makuhari, Japan
and expand its storage sales force by more than 1,000.
The company will also offer new models of the Shark Enterprise Storage
Server, as well as fiber channel-based SAN products.
The new Shark server has a 64-bit RISC processor, 16 gigabytes of cache and
additional PCI buses.
IBM is also offering a SAN service using a cluster of two Netfinity servers
with fibre channel connections and Legato mirroring extension software.
In addition, IBM Global Services is developing a portfolio of SAN services,
including enterprise storage assessment and planning, design and implementation
services.
-Jennifer Rossa; Dow Jones Newswires; 21-938-5400
(This story was originally published by Dow Jones Newswires)
Copyright (c) 2000 Dow Jones & Company, Inc.
All Rights Reserved
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