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Technology Stocks : QUANTUM
QNTM 7.450+3.0%Dec 31 3:59 PM EST

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To: Gus who wrote (5042)11/17/1997 12:59:00 AM
From: Gus  Read Replies (1) of 9124
 
Z,

More on IBM/HWP/SEG...

IBM today announced an agreement with Hewlett-Packard Company and Seagate Technology, Inc. to introduce a common technology for tape data interchange in the enterprise and midrange network storage environments. This agreement will enable IBM to eventually extend its Magstar product line into this open format specification, which is intended to simplify the complex tape marketplace.

This agreement further allows IBM to more rapidly introduce Magstar
storage solutions that will directly address the requirements of the rapidly growing network computing marketplace.....


storage.ibm.com

I still am not sure what they are trying to do, but after reading IBM's version of the press release, I think the tape data interchange technology can be used for IBM's Magstar, HWP's tape drives, and SEG's tape drives. If they are trying to establish an industry standard then I think it is reasonable to assume that Quantum can license the same technology for DLT.

Gus
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