Moving and Storage Business News

The News Review:

- Lee Moving & Storage bought by western Va. firm
- Permabit makes secondary storage its primary goal
- racle-Sun Merger Creates New Data Storage Player
- Broadcom ffers to Acquire Emulex for $9.25 in Cash
- Altera Corp. Q1 2009 Earnings Call Transcript
- Sunlit racle Could Become Formidable Hardware Vendor
- ATT Technology’s Storage Controller Certified with CommandSoft …

Lee Moving & Storage bought by western Va. firm
Richmond Times Dispatch
firm | Richmond Times-Dispatch. Premier Transfer and Storage based in Christiansburg acquired Lee Moving & Storage on April 3 and announced the deal yesterday. Terms were not disclosed. Lee has changed its name to Premier and its former president George Calabrese is retiring Premier’s marketing manager Jaime Clark said.

Permabit makes secondary storage its primary goal
Search Storage
Permabit’s systems are SATA only. “There’s a huge glut of primary storage” said Tom Cook Permabit’s CE. “Companies are moving that information off primary storage. Primary storage is built for transactions and transactional information. A lot of companies understand they can save money by moving to an archive or value tier that provides self-management and resiliency can scale widely and has deduplication built in. ” Cook said assuming even a modest 3:1 dedupe ratio Permabit can drive storage costs to $1 per gigabyte. Eric Burgener a senior analyst and consultant at Hopkinton Mass.

racle-Sun Merger Creates New Data Storage Player
Enterprise Storage Forum
“Now racle is getting into totally new markets in which they have no expertise or history. “racle is more likely to hold on to the entire storage business” Roy added. “Sun bought StorageTek and destroyed the company because of poor execution. But racle has been much better in execution and it is very likely that the current storage group within Sun will have a better opportunity to grow. But the deal could also mean a rocky relationship between racle and other storage players like EMC (NYSE: EMC). “racle and EMC had a very good relationship” said Roy.
Related from Ubuntunews: Shuttleworth: racle now largest open source player

Broadcom ffers to Acquire Emulex for $9.25 in Cash
IT News nline
Both companies are headquartered in range County CA. McGregor sent a letter to Emulex’s Board of Directorsoutlining the proposal with the goal of moving rapidly to thenegotiation and closing of a transaction. FolinoExecutive Chairman of the Board of DirectorsEmulex Corporation3333 Susan StreetCosta Mesa CA 92626Dear Paul:I am writing on behalf of the Board of Directors of BroadcomCorporation to propose that Broadcom acquire all of the outstandingshares of Emulex common stock for $9. 25 per share payable in cash. urproposal is not subject to any financing condition.

Altera Corp. Q1 2009 Earnings Call Transcript
Seeking Alpha
That effect was more than offset by an increase in accounts receivable from $83 million to $182 million. March gross billings to distributors were $107 million higher than December gross billings therefore creating timing related impact on AR and cash flow. Moving to our second quarter 2009 outlook we expect revenue to grow in the range of 2% to 7%. We entered 2Q off a book-to-bill ratio well above one and a substantial increase in our current quarter backlog. The midpoint of guidance implies a churns requirement in the low 50% range comfortably within recent historical benchmarks. In recognition of the limited visibility in our end markets and customers we are initially assuming constant mix between 1Q and 2Q and therefore a flat gross margin rate at 64.

Sunlit racle Could Become Formidable Hardware Vendor
InformationWeek
If the Sun acquisition is completed racle would enter the hardware business at a time when the IT industry is moving toward consolidation of systems not selling separate hardware and software said Chris Foster analyst for Technology Business Research. Holding on to Sun’s server and storage business as well as its Java-based.

ATT Technology’s Storage Controller Certified with CommandSoft …
PR.com (press release)
“Today’s announcement strengthens the importance of SAN Management software in a shared storage solution” states James U’Ren FastStream Product Marketing Manager for ATT Technology. “ur relationship with CommandSoft provides customers with a well-supported solution that meets the needs of customers looking to expand and accelerate their workflow. Studios moving toward High-Definition video need to implement a solution that will help them meet project deadlines while maximizing editors’ time in the studio. ”"The performance needs of High-Definition video editing are demanding and require a fast shared solution to remain competitive" said Jim Wolff CE at CommandSoft Inc. "ur testing validated that the FastStream Storage Controller effectively creates a high-performance shared storage solution. It is exciting that a wide variety of customers can utilize this capability while avoiding the cost of a Fibre Channel switch. "About FastStreamFastStream allows up to four workstations to share a pool of RAID-protected SAS or SATA storage without using a Fibre Channel switch.