Moving and Storage Business News

The News Review:

- San Diego Business Journal Online – San Diego California business…
- Asian Businesses Get Ready for Data Explosion
- Seagate files patent-infringement suit against STEC
- AMCC Presents Award-Winning 3ware RAID Storage Technology for…
- Seanodes Named `Cool Vendor in Storage’

San Diego Business Journal Online – San Diego California business…
San Diego Business Journal – San Diego Business Journal – Apr 14, 2008
The two properties will be renamed American Mini Storage properties. The deal brings EBS holdings in the southern Nevada market up to six properties totaling 378,000 net rentable square feet and 3,255 storage units. EBS has total holdings of 50 self-storage properties in nine states with a total of 3. 1 million net rentable square feet and 25,252 total storage units with a market value exceeding $200 million, the company says. The self-storage industry thrives on volatility, which perfectly describes Las Vegas, said Stephen Kaplan, chief executive of Equity Based Services LLC. People are constantly moving in, moving out, going into business, going out of business, going to school, graduating, getting married, and getting divorced. EBS obtained a loan for $9…
1 million net rentable square feet and 25,252 total storage units with a market value exceeding $200 million, the company says. The self-storage industry thrives on volatility, which perfectly describes Las Vegas, said Stephen Kaplan, chief executive of Equity Based Services LLC. People are constantly moving in, moving out, going into business, going out of business, going to school, graduating, getting married, and getting divorced. EBS obtained a loan for $9. 6 million with a 30-month interest only period. It says it also relied on 300 private client investors and a closed private equity fund, EBS Income and Growth Fund II, to close the deal. All portfolio properties are managed by All American Property Management, Inc.

Asian Businesses Get Ready for Data Explosion
BusinessWeek – Apr 14, 2008
In Singapore alone, the amount of digital information created this year is expected to be over 1,200 terabytes, according to EMC. Enterprises in Singapore, noted Goh, are looking at “many more” terabytes of storage. “Just about every major company has insufficient [storage] capacity,” he added. Even as data volumes climb, large organizations across the region including those in emerging markets such as Indonesia and Vietnam, are more conscious of improving their storage management, said Goh. They actively seek out vendors to understand best practices and as a result often take less time to develop their capabilities compared to early adopters in other regions. In addition, the larger businesses in Asia are increasingly opting to site their backup facilities in different countries, observed Goh. Indonesia, for instance, is prone to earthquakes and companies located there are inclined to lower their enterprise risk by moving their backup data centers to nearby countries such as Singapore…
They actively seek out vendors to understand best practices and as a result often take less time to develop their capabilities compared to early adopters in other regions. In addition, the larger businesses in Asia are increasingly opting to site their backup facilities in different countries, observed Goh. Indonesia, for instance, is prone to earthquakes and companies located there are inclined to lower their enterprise risk by moving their backup data centers to nearby countries such as Singapore. While larger enterprises are generally more proactive, smaller businesses and consumers are not yet experiencing the storage crunch and therefore less likely to worry about the issue, said Goh. This requires the company to tweak its messages in order to drive home the message to this particular segment, which is a “growth engine” for EMC and one of the focus areas going forward. Earlier this week, EMC signaled its intention to target home users and SMBs with.

Seagate files patent-infringement suit against STEC
MarketWatch – Apr 14, 2008
In a statement, Seagate Chief Executive Bill Watkins said that the company filed the suit because “we believe they [STEC] are relying on intellectual property developed or acquired by Seagate. Watkins added there has been some speculation around Seagate’s reasons for pursuing legal claims against STEC. “This is not about stifling innovation or threats to our business…
We have an obligation to our company and our shareholders to protect what belongs to them. Seagate didn’t disclose any specific financial damages it is seeking from STEC. The suit calls for the company to be prevented from further alleged patent infringements, and asks for damages and royalties to be awarded for violating the Seagate patents. Shares of Seagate fell 57 cents, or 2. 8%, to close Monday at $19.

AMCC Presents Award-Winning 3ware RAID Storage Technology for…
Earthtimes – Apr 14, 2008
“We are pleased to provide our customers innovative RAID storage technologies that address the needs of the digital media industry,” said Scott Cleland, worldwide director of marketing for AMCC Storage. “It’s evident by the large number of 3ware customers participating at NAB that our SAS and SATA RAID solutions are ideal for high bandwidth broadcast applications. Filmmaker Thor Wixom will be featured in an in-booth 3ware Sidecar product demonstration…
It offers superior performance, it protects my work, and it comes in a package that is small enough to take anywhere. ” LiveXposure will highlight the 3ware Sidecar in its NAB technology suite at the Venetian hotel. The Florida-based company provides wireless news broadcasting capabilities to journalists around the world. The company uses the 3ware Sidecar both in the field and in the studio to quickly and reliably store digital video files. “The 3ware Sidecar is a great product for integration into a Macintosh®-based production workflow,” said Michael Lewis, Director of News Operations at LiveXposure. “The Sidecar has become an indispensable storage tool for our news gathering organization. ” About NAB 2008 NAB is the world’s largest electronic media show covering the development, delivery and management of professional video and audio content across all mediums.

Seanodes Named `Cool Vendor in Storage’
Earthtimes – Apr 14, 2008
in an April first 2008 report entitled “Cool Vendors in Storage, 2008” authored by principal research analyst Donna Taylor. The Gartner report included Seanodes’ SIS technology as “an alternative to traditional external storage capacity expansion” as part of its look at storage vendors providing storage options outside the mainstream. “We are pleased to have earned the recognition of such a prestigious analyst firm as Gartner and are proud to be included in this year’s ‘Cool Vendors in Storage’ report,” said Jacques Baldinger, CEO of Seanodes. “To be among the short list of companies thought to be reasonable alternatives to traditional storage vendors is indeed an honor and one we intend to live up to by continuing to provide customers with the ability to reclaim underutilized internal disk capacity residing in their own servers, enabling them to reduce costs, complexity and management issues inherent with unstructured data sprawl found in many of today’s storage infrastructures.