NetApp revenue grows 36% in Q1
Data storage vendor NetApp reported today on its revenue for the first quarter of 2011, stating total product sales grew 51% when compared with the same quarter last year; and overall revenue was up 36 per cent.
Data storage vendor NetApp reported today on its revenue for the first quarter of 2011, stating total product sales grew 51% when compared with the same quarter last year; and overall revenue was up 36 per cent.
US-based Mozy, which is owned by EMC, claims that more than 50,000 businesses use its MozyPro service, including accounting firms, banks and the University of San Francisco, in addition to over a million consumers.
NetApp has appointed Tom Georgens as CEO, succeeding Dan Warmenhoven, who led the company as CEO for the past 15 years. The transition is effective immediately, and is the result of a management succession process, NetApp says.
Georgens, 49, has been president and chief operating officer and a member of the Board of Directors since February 2008. He joined NetApp in October 2005 as executive vice president and general manager of Enterprise Storage Systems and was named executive vice president of Product Operations in January 2007.
Warmenhoven, 58, will continue as chairman of the company’s board of Directors. He also assumes the role of executive chairman, a newly created position to help build and expand relationships with certain strategic partners around the world, including service providers and key technology partners, according to a statement from NetApp.
In the statement, Warmenhoven is quoted as saying: “Looking back, I am very proud that NetApp has achieved a leadership position in the storage market and now look forward to supporting Tom as he takes the company through the next stages of growth in a new era for the information technology industry”.
Georgens is quoted as saying: “I am excited about leading NetApp forward at a time when the IT industry is at a critical inflection point that will create tremendous opportunities and inevitable challenges. We are committed to creating success for our customers and partners in this changing market environment.”
NetApp has also reported its latest quarterly results, with revenue for the quarter ended July 31 down 4% on the same period last year, but net income up to $US52 million, up from $US35 million a year ago.
NetApp has announced it will be using QLogic's converged network adapter (CNA) in its storage arrays and virtualisation appliances, to offer customers a native Fibre Channel over Ethernet capability.
BNZ Capital has integrated its storage environments, eliminated tape backup and boosted disaster recovery through a storage consolidation project.
Data Domain's board is asking stockholders to reject EMC's unsolicited offer to purchase the company, and instead approve a merger with NetApp.
NetApp has claimed victory in the bidding war with EMC over Data Domain, a vendor of deduplication storage systems, though EMC insists its all-cash offer is superior to NetApp's, which combines cash and stock.
The price for Data Domain is going up fast, as NetApp yesterday tried to outspend EMC by offering US$1.9 billion to purchase the storage company.
NetApp has decided not to proceed with its inaugural user conference, which was scheduled for February.
EMC will support a line of Emulex network adapters that use Fibre Channel over Ethernet (FCOE), giving a big-name boost to an emerging technology that could become the common transport across an entire datacentre.
Storage vendors of every stripe have been feverishly working to hitch their wagons to the server virtualisation juggernaut. Going far beyond the basic integration and certification activities that one would expect for support of a popular application, storage products are integrating management functionality and working to develop other ways to distinguish and differentiate their VMware support.
Network Appliance has announced it will OEM the Brocade DCX Backbone as part of its datacentre storage offerings.
Storage vendor Network Appliance has abolished its local country manager position and Garry Collings, who held the role, left the company last month.
EMC has released Infoscape, a software package it says can help users manage unstructured files. The new tool can help users to comply with US government regulations like the Sarbanes-Oxley Act, says EMC.
EMC and Network Appliance have released new systems with much higher capacities than earlier models, as well as features more commonly found in high-end datacentre boxes.