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HP redefines storage simplicity

HP Storage Division Product Manager Charles Ty touts the HP Converged Storage portfolio that advances business opportunities through harnessing data efficiently and cost-effectively.

HP recently announced industry-first innovations for its Converged Storage portfolio that break through complexities and inefficiencies with a single architecture for all sizes of client deployments.

Designed for virtualized, cloud and big data retention environments, these solutions include new HP 3PAR StoreServ StorageHP StoreAll Storage and HP StoreOnce Backup product offerings.
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Posted by on January 14, 2013 in HP, Technology

 

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Seagate Technology updates financial outlook for fiscal third quarter 2012

Seagate Technology recently provided preliminary financial results for its fiscal second quarter ended December 30, 2011. The acquisition of Samsung Electronics Co., Ltd’s (“Samsung”) hard disk drive business closed on December 19, 2011 and these preliminary financial results include Samsung operating activity from that date.

The company shipped approximately 47 million disk drives, which included approximately 700,000 Samsung disk drives, and expects to report revenue for its fiscal second quarter 2012 of $3.1 – $3.2 billion. Before giving effect to charges related to the acquisition of Samsung’s hard disk drive business that are not yet determinable, the company expects gross margin as a percent of revenue to be at least 30.5%, operating expenses (Product Development, Marketing and Administrative) to be approximately $390 million, and diluted outstanding shares to be 440 million.
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Posted by on January 9, 2012 in Seagate

 

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