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Home > Company Index > Computer Hardware > Data Storage Devices > Quantum Corporation -- DLT & Storage Systems Group

Quantum Corporation -- DLT & Storage Systems Group
NYSE: DSS
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 NEWS FROM THE WIRES
RESEARCH ALERT-Advanced Digital, Quantum cut
Jul 20 2001 08:58 AM PDT

More WIRE STORIES about this company

 PROFILE
Quantum Corporation's DLT & Storage Systems Group gets it all on tape. The business, represented by one of two Quantum tracking stocks, makes tape drives (almost 60% of sales) used for data storage and backup on network servers. Besides its digital linear tape (DLT) drives, the group also makes tape media cartridges and tape libraries. Its Storage Systems Group sells more than 60% of its products to computer makers; Compaq accounts for 20% of sales, Hewlett-Packard for 13%. The group is spinning off its network-attached storage appliance division, Snap Appliances. Quantum Corporation's Hard Disk Drive Group, which disk drive maker Maxtor is buying, trades separately.

 DEALS
Deal: Quantum to Buy M4 Data
Date Announced: 02.07.01
Value of transaction (US $Mil): 56
Description: Data storage firm to acquire U.K.-based data storage technology firm in cash-and-stock deal valued at $56 million.

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 1,418.90
1-Yr. Sales Growth: 8.9%
Employees: 2,300
Revenue per employee: $616,913.04

 KEY PEOPLE
• Michael A. Brown
    CEO

 CONTACT INFO
500 McCarthy Blvd.
Milpitas, CA 95035
US
Phone: 408-894-4000
Fax: 408-894-4152
Online: Web Site

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