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Technology Stocks : MTIC - Is this the next EMC?

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To: gmccon who wrote (3250)2/27/1999 2:39:00 PM
From: Nick  Read Replies (1) of 3748
 
And the announcements and news keeps rolling in!

This on the heals of the previous announcements earlier this week!

MTI invests in Linux vendor Caldera

By InfoWorld Electric staff

<<From InfoWorld/Yahoo>>
Posted at 11:00 a.m., PT, Feb. 26
MTI on Friday will announce plans to make a 20 percent equity investment in Caldera Systems, a distributor of Linux specializing in integrating the open source operating system with existing enterprise systems. MTI, a provider of RAID storage systems, plans to use the alliance with Caldera to bring the high end storage marketplace to the Linux marketplace. For MTI, investing in Caldera provides a quick way to enter an emerging Linux market before rivals such as EMC or IBM. MTI Technology Corp., in Anaheim, Calif., can be reached at www.mti.com. Caldera Systems Inc., in Orem, Utah, can be reached at www.calderasystems.com.
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