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Technology Stocks : Son of SAN - Storage Networking Technologies -- Ignore unavailable to you. Want to Upgrade?

To: Vikas Deolaliker who wrote (4530)	4/16/2002 11:40:14 PM
From: trendmastr	Read Replies (2) \| Respond to of 4808

19:09 ET Hitachi/IBM strategic storage alliance Hitachi, Ltd. (HIT) and IBM Corp. (IBM) to form multi-year strategic alliance to research and develop new open standards-based technologies for next-generation storage networks, systems and solutions. Separately, companies intend to combine various hard-disk drive operations into new joint venture company. Upon completion, Hitachi expected to hold 70% of joint venture and make a payment to IBM for its hard-disk drive assets.