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Home > Company Index > Computer Hardware > Networking & Communication Devices > McDATA Corporation

McDATA Corporation
Nasdaq: MCDTA
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 NEWS FROM THE STANDARD
AMD, EMC and BMC Jar the Market
Jul 05 2001 04:00 PM PDT

IBM, Compaq, Others Team on Storage Initiatives
Jun 04 2001 12:03 PM PDT

After the Bell: Clear Sailing for Tech Stocks
Apr 19 2001 04:26 PM PDT

 PROFILE
McDATA has served billions and billions -- of bytes. The company makes Fibre Channel switches and software for huge enterprisewide storage area networks (SANs), which let users anywhere on a network share storage devices. It also sells OpenReady preconfigured SAN systems built around its switch and director products. McDATA sells through other manufacturers, resellers, and systems integrators to large companies. Storage specialist EMC and IBM account for about 75% and 15% of sales, respectively. EMC, which acquired McDATA in 1995, owned 74% of the company through McDATA Holdings, but distributed the stake to EMC shareholders in 2001.

 COMPETITION
Brocade Communications Systems, Inc. (BRCD)
QLogic Corporation (QLGC)
Vixel Corporation (VIXL)

 DEALS
Deal: McData, StorageTek and Veritas Team Up
Date Announced: 03.27.01
Value of transaction (US $Mil): 0
Description: Two storage networking firms partner with Web security software firm to integrate products in marketing alliance.

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 248.70
1-Yr. Sales Growth: 161.1%
Employees: 606
Revenue per employee: $410,396.04

 KEY PEOPLE
• John F. McDonnell
    CEO
• Janet K. Cooper
    CFO

 CONTACT INFO
310 Interlocken Pkwy.
Broomfield, CO 80021
US
Phone: 303-460-9200
Fax: 303-465-4996
Online: Web Site

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