SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Son of SAN - Storage Networking Technologies -- Ignore unavailable to you. Want to Upgrade?


To: Gus who wrote (4152)11/5/2001 8:39:39 PM
From: pprobinson  Respond to of 4808
 
Thank you Gus. eom



To: Gus who wrote (4152)11/7/2001 11:17:34 AM
From: Sam  Read Replies (1) | Respond to of 4808
 
Hitachi cuts work force by 10%--a "rising star in the data-storage industry" indeed.

Hitachi Data Systems Cuts 10 Percent of
Work Force

By Tim McLaughlin

BOSTON (Reuters) - Hitachi Data Systems,
a rising star in the data-storage industry, has
cut 10 percent of its work force in a reduction
that claimed some top executives as it battles
industry heavyweights EMC Corp. and IBM
Corp.

Christine Wallis, vice president of Hitachi Data's global strategy and
planning, confirmed the percentage of job cuts in a telephone interview with
Reuters on Tuesday. She declined to give a specific number.

``We had to make a minor correction,'' Wallis said. ``Ten percent in this economy is not so bad.''
[Right.]

Company insiders said the eliminations ranged from 200 to 300 people. The company did not make a
public announcement.

Shebly Seyrafi, an analyst with A.G. Edwards, said Hitachi Data is feeling the effects of a pricing war
with data-storage leader EMC (NYSE:EMC - news) and International Business Machines Corp.
(NYSE:IBM - news) in the high-end market for machines that store computer network traffic
generated by banks, airlines and government agencies.

Nevertheless, he said Hitachi Data is outgrowing its larger rivals, although from a smaller base.

Among those leaving the unit of Japan's Hitachi Ltd. (6501.T) were senior executives Ron
Gervenack, who retired, and John Lovejoy and Clive James, who were part of the company's
reduction in force, company insiders said. Wallis confirmed all of those people have left the company.

Gervenack was vice president and general manager of corporate storage products; Lovejoy was chief
information officer; and James was vice president and general manager of the original equipment
maker unit.

In a separate move, Hitachi Data quietly named a new chief executive officer, Shinjiro Iwata, in
September. Iwata replaced Jun Naruse, who returned to Japan after being handpicked for an
assignment by Hitachi's chairman, said Wallis.

``It's very, very usual in Japanese companies for senior executives to be rotated through a variety of
positions,'' Wallis said.

Seyrafi said he was not worried about the management changes at Hitachi Data because key
executives still remain at the Santa Clara, California-based company. He noted that Chief Operating
Officer Dave Roberson remains at the company and is Hitachi Data's ``real hands-on manager.''

The job cuts came the same week parent Hitachi Ltd. lowered its forecast for its data storage
business to $2 billion from $2.5 billion for the fiscal year that ends March 31.

``They've been very aggressive price-wise,'' said Greg Eden, a spokesman for EMC. ``I think they're
feeling the pressure, feeling that pain.''

But so are EMC and other data-storage firms. Hopkinton, Massachusetts-based EMC, for example,
reported a net loss of nearly $1 billion in the third quarter as it works to cut costs in the face of
shrinking revenue.



To: Gus who wrote (4152)11/7/2001 3:31:04 PM
From: J Fieb  Read Replies (1) | Respond to of 4808
 
Gus, Would appreciate your thoughts on SUNW's
new T3. THe first T3 didn't sell very well, how about this one? Have they fixed anything? Thanks in advance.

Sun Microsystems' Flagship Array Drives Total Cost of Storage Ownership Down To One of the Lowest Levels in the Industry
Sun StorEdge T3 Array Now Offers Enhanced Controller With 4x Cache, Increased Resiliency and a Solid SAN Foundation
PALO ALTO, Calif., Nov. 7 /PRNewswire/ -- Sun Microsystems, Inc. (Nasdaq: SUNW - news) today announced upgrades to its best selling storage array for the workgroup and enterprise -- the Sun StorEdge(TM) T3 array. The array features a new controller that delivers exceptional performance, increased resiliency, and a solid Storage Area Network (SAN) foundation. With the new controller, the Sun StorEdge T3 array drives customers' Total Cost of Ownership (TCO) for storage to one of the lowest levels in the industry.

The new Sun StorEdge T3 array enhancements, combined with Sun StorEdge SRM 5.0 storage resource management software, helps enable customers to maximize utilization of their storage resources for the greatest return on their storage investment, while dramatically lowering TCO. With this announcement, Sun is furthering its strategy to deliver leading storage solutions that are optimized for the Solaris(TM) Operating Environment, yet open to support heterogeneous environments.

``Sun's goal is to provide our customers with the modular scalability they are demanding while ensuring that their storage systems maintain longevity,'' said James Staten, Director of Strategy, Sun Network Storage. ``The powerful combination of the Sun StorEdge T3 array and SRM 5.0 software helps customers achieve extremely low storage TCO by providing cost-effective and predictable scalability, easy manageability and the tools to maximize utilization storage resources while effectively planning for future requirements.''

Sun StorEdge T3 Array Delivers Exceptionally Low TCO

The Sun StorEdge T3 array has always delivered exceptionally low TCO through its low entry cost, ability to scale in small increments, easy deployment and manageability, flexibility to deploy and redeploy a single technology across a wide range of applications, small footprint, and low power consumption, as well as its unique three-way linear scalability of capacity, performance and availability.

The enhanced array drives TCO down further by providing even lower price/performance, fewer settings to optimize performance, increased reliability, extended SAN support, dynamic failover and load balancing, and the ability to do a hot upgrade to the new controller. In addition, the new Sun StorEdge T3 array will integrate and co-exist with previously installed T3 arrays, protecting customers' existing storage investment.

The array now includes:

-- Enhanced controller with four times the cache as the original Sun
StorEdge T3 array
-- Doubled processor speeds for faster throughput
-- SAN fabric topology support for Solaris operating environment with
integrated failover and load balancing
-- Increased resiliency through error detection and correction circuitry
on the cache and RAID5 calculation accumulators
-- Sun StorEdge SAN 3.0 software providing extended SAN support and better
SAN management for Windows NT, IBM AIX and HP/UX
-- Integrated Sun StorEdge Traffic Manager software automating failover
and load balancing dynamically across the entire SAN

Sun StorEdge SAN 3.0 software also provides additional opportunities to lower TCO. It supports greater distances (up to 10 kilometers), helping enable customers to consolidate storage by installing and managing larger SANs or to implement disaster tolerant systems for business continuance. In addition, SAN 3.0 software allows data backup to fibre channel tape drives using the existing fibre channel disk storage infrastructure.

``I am so impressed with the latest Sun StorEdge T3 arrays...we install them and then use the management tools to deploy and monitor them. Bottom line, this product is a win-win,'' said Charles Sears, Manager of Research Computing for Oregon State University College of Oceanic & Atmospheric Sciences.

Rudolf Dimper, Head of the Systems and Communications Group at ESRF adds that ``the nature of the research at the ESRF mandates that we must continually enhance our IT infrastructure...That means as new technology is released by Sun such as higher capacity versions (1 GB cache controller) of the Sun StorEdge T3 solution or the next generation of this product, we will add it to our infrastructure. In addition, we are currently working with Sun to port compute intensive applications to Sun's UltraSPARC(TM) III. From my point of view, Sun is the only credible professional UNIX® supplier remaining in the market.''

About Sun Microsystems, Inc.

Since its inception in 1982, a singular vision -- The Network Is The Computer(TM) -- has propelled Sun Microsystems, Inc. to its position as a leading provider of industrial-strength hardware, Software and services that power the Internet and allow companies worldwide to take their businesses to the nth. Sun can be found in more than 170 countries and on the World Wide Web at sun.com .

Press announcements and other information about Sun Microsystems are available on the Internet via the World Wide Web using a tool such as Netscape Navigator. Type sun.com at the URL prompt.

NOTE: Sun, the Sun logo, Sun Microsystems, Solaris, and The Network is The Computer are trademarks or registered trademarks of Sun Microsystems, Inc. in the United States and in other countries. All SPARC trademarks are used under license and are trademarks or registered trademarks of SPARC International, Inc. in the United States and other countries. Products bearing SPARC trademarks are based upon an architecture developed by Sun Microsystems, Inc. UNIX is a registered trademark in the United States and other countries exclusively licensed through X/Open Company, Ltd.