| | Business Summary | | McDATA
Corporation
is
a
provider
of
high
availability
storage
area
network
director
switching
devices
that
enable
enterprises
to
connect
and
centrally
manage
large
numbers
of
storage
and
networking
devices.
McDATA
designs,
develops,
manufactures
and
sells
switching
devices
that
enable
enterprise-wide
high
performance
storage
area
networks
(SANs).
The
Company's
products
enable
business
enterprises
to
cost-effectively
manage
growth
in
storage
capacity
requirements,
improve
the
networking
performance
of
their
servers
and
storage
systems,
and
scale
the
size
and
scope
of
their
SAN
or
other
information
infrastructure
while
allowing
them
to
operate
data-intensive
applications
on
the
SAN.
McDATA
sells
its
products
through
industry
leading
original
equipment
manufacturers
and
resellers,
including
EMC
and
IBM,
as
well
as
systems
integrators. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | McDATA
Corporation
is
a
provider
of
high
performance
enterprise
switches
and
related
software
for
connecting
servers
and
storage
systems
in
a
storage
area
network.
For
the
six
months
ended
6/30/01,
revenues
rose
59%
to
$164.3
million.
Net
income
rose
14%
to
$10.9
million.
Revenues
reflect
the
continued
leadership
in
the
Director-class
products
and
the
market
acceptance
of
the
switch
products.
Earnings
were
partially
offset
by
increased
sales/marketing
expenses. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| John McDonnell, 56
Chairman,
CEO | $378K | -- | John Kelley
Pres, COO, Director | -- | -- | Janet Cooper, 47
CFO,
Sr. VP-Fin. and Admin. | -- | -- | John Runne, 52
Sr.
VP of Corp. Devel. | -- | -- | Dee Perry, 49
VP-Fin. | 229K | $14M | | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/m/mcdta.gif)