Moving and Storage Business News

The News Review:

- InStorage REIT pans takeover offer from Canadian Storage Partners
- Get ahead with right technology
- Full speed ahead on storage projects, despite economy’s drag
- Give Office a Makeover and Store Instead ; Business Storage …

InStorage REIT pans takeover offer from Canadian Storage Partners
The Canadian Press, TORONTO 
UN) has expressed doubts that a $91. 1-million takeover offer by Canadian Storage Partners reflects the underlying value of the company. A special committee of InStorage’s board said Monday the $3. 75 per unit bid is a 28. 9 per cent discount to the one-year weighted average trading price for its units and a 21.
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Get ahead with right technology
The Times, South Africa 
Gartner defines a strategic technology as one that gives an organisation an edge over the competition, has the potential to make a significant impact on the business in the next three years, requires a major cash injection to implement and poses a risk to the organisation if it is adopted too late. According to David Cearley, the vice-president of Gartner and one of its analysts, companies would do well to evaluate how these technologies could benefit them. Here are some of the things businesses are likely to be focusing on in 2009. Cloud computing In this case, the cloud refers to the Internet.

Full speed ahead on storage projects, despite economy’s drag
Computerworld, MA 
(See Cover Story, page 20. ) For example, Gary Pedersen, storage manager for the city of Plano, Texas, said the IT department there is moving forward on projects as planned. “Data is just coming out of everybody’s ears,” he said. “We have to keep up with it or we’ll sink. ” Plano’s government is looking to fully revamp its storage infrastructure with new hardware and storage-area networks (SAN). “We’re beyond adding on,” Pedersen said.
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Give Office a Makeover and Store Instead ; Business Storage …
istockAnalyst.com (press release), OR 
The Lock N Store approach to storage is attractive to many organisations, particularly SMEs. Now there is more uncertainty about the economic outlook, in the short term people are becoming more cautious and not wanting to commit to long-term costs. This makes self-storage very attractive as Lock N Store require only an initial four-week commitment with a one-week notice period. Equally, for companies expanding this flexibility is useful and so additional or larger storage units can be taken on as and when required. Lock N Store manager Leanne Bone said: “Firms have now become more focused on tracking overheads. An offsite storage facility on flexible terms is more cost effective than wasting valuable city centre office space on storage areas for rarely accessed files, seasonal stock or to house new staff instead of expanding your lease. ” One of Lock N Store’s current business users is J-Runnin, an internet retailer specialising in sports and fashion items by top brands such as Nike, Puma and Diesel.