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Technology Stocks : Network Appliance
NTAP 110.90-0.9%3:59 PM EST

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From: JakeStraw4/7/2010 8:41:14 AM
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NetApp to Acquire Bycast Inc.
finance.yahoo.com
April 7, 2010, 8:00 am

Bycast is a leading developer of object-based storage software designed to manage petabyte-scale, globally distributed repositories of images, video, and records for enterprises and service providers. Customers whose business depends on access to critical data across geographically distributed locations rely on Bycast to better share and retain content anywhere, any time to quickly respond to their changing business requirements. Founded more than 10 years ago, Bycast has helped more than 250 customers worldwide dramatically improve their operational efficiency and reduce the administrative burden of managing massive quantities of data across multiple geographies.

Bycast extends NetApp's leadership position in unified storage by adding an object-based storage software offering. Object-based storage is a new and emerging approach to storing and accessing data based on object names and rich metadata that describes the content in greater detail, which simplifies the task of large-scale object storage while improving the ability to quickly search and locate data objects.
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