History (1999): Maxtor in NAS HDDs
Acquiring Creative Design Solutions for $57 million
By Jean Jacques Maleval | July 28, 2022 at 2:01 pmThe recent infatuation of HDD makers for the NAS market is growing. Recall that Quantum acquired Meridian Data in June 999, another NAS company.
The underlying strategy is to be able to sell HDDs that are directly connectable to LANs.
But for this to happen, you need the software expertise of a Creative or Meridian, who developed NAS specific OSs to drive these network appliances.
IDC expects entry- and workgroup-level NAS appliance markets to grow from $963 million in 1998 to $3.9 billion in 2002.
This article is an abstract of news published on issue 140 on September 1999 from the former paper version of Computer Data Storage Newsletter.
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