Themes & Channels
Tandberg's HH LTO-4 for 1Q08
By Jean-Jacques Maleval, Thu, January 10th, 2008
The company confirmed it.
Tandberg Storage has confirmed that its half-height LTO-4 cartridge tape drive will be on the market on 1Q2008 and its development is based on the LTO-3.
Furthermore, the company has finally some hopes concerning its O-Mass activity. "A special part of the O-Mass technology has shown some interesting potentials in other markets than it originally was designed for. The company believes that there is a possibility that one or more of these products can be developed and brought to the market during 2008."
For its 3Q07, the manufacturer of HH LTO devices increased LTO-2 shipments significantly but LTO3 is shipping at lower volumes than expected, even if the volumes have steadily increased during the quarter
For the quarter, its operating revenue reached 72.3 million NOK compared to 52.2 million NOK in 3Q06. But its gross margin is still unacceptable. This reduced margin is a consequence of earlier low production volumes in 1H07 and increased demand in 3Q07 above expected levels. "This required additional short term component purchases as well as production of modules with higher component cost to secure the volumes in the channel," comments Tandberg Storage.
Net loss before taxes was million NOK 6.8 in 3Q07.
Print this news
StorageNewsletter.com
This Web site, with all the daily news on the worldwide storage industry, is already filled each day at 4PM in Paris or 8AM in Chicago. You can subscribe to receive in the future an email with the most recent headlines.
_________________________________
_______________________________
_________________________________
StorageNewsletter on paper
A monthly newsletter in English published since 1988
- for deeper analysis,
- exclusive interviews from CEOs
- report of biggest storage events
- technology trends
- company's profiles
- market reports
- and more
A tremendous resource for those involved in product development, planning, marketing and sales of storage devices, subsystems and software, from everything from mainframes to hand-held PCs
To get a free sample or to subscribe:
http://www.StorageNewsletter.info
COMPLETE STORAGE
START-UP DATABASE
StorageNewsletter.com is offering
a storage start-up database.
It contains more than 450 start-ups in the world, listed with the following data:
- company name,
- headquarters,
- web site,
- CEO,
- year founded,
- business activity,
- yearly financial funding since 2003
and total received.
It is possible to search by activity sectors (software, hardware, security, SSP, connectivity, fundamental technology, Infiniband).
Complete package for US$390
or less than one dollar a company.
To order this unique database
(in Excel format), please contact us
for an invoice by return mail.
COMPLETE DATABASE
OF MERGERS AND ACQUISITIONS
IN THE WW STORAGE
INDUSTRY
More than 600 mergers and acquisitions since 1998 listed, and for each one:
Who bought whom, when, at which price, and the activity of the
acquired company.
Complete package for $450.