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Last $1.97 USD
Change Today +0.02 / 1.03%
Volume 2.2M
QTM On Other Exchanges
New York
As of 8:04 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

quantum corp (QTM) Key Developments

Quantum Announces Partnership with Dot Hill Systems for Enterprise-Class Disk-Storage Systems

Quantum unveiled a global go-to-market partnership with software- and hardware-storage company Dot Hill Systems (HILL) under which Quantum will integrate Dot Hill's full line of enterprise-class disk-storage systems into its tiered storage offerings.

Quantum Corporation Announces Preliminary Earnings Results for the Fourth Quarter Ended March 31, 2015

Quantum Corporation announced preliminary earnings results for the fourth quarter ended March 31, 2015. GAAP operating income was approximately $2 million, compared to a GAAP operating loss of $12 million. GAAP net income was approximately $12 million, or approximately $0.04 per diluted share. This included approximately $13 million from the gain on sale of the company's investment in a privately held company. In the prior year, the company reported a GAAP net loss of $14 million, or $0.06 per diluted share. Non-GAAP operating income was approximately $6 million, up from an operating loss of $159,000. Non-GAAP net income was approximately $17 million, or approximately $0.06 per diluted share. This was up from a net loss of $2 million, or $0.01 per diluted share, and again included approximately $13 million resulting from the gain on sale of the company's investment in a privately held company.

Quantum Corporation to Showcase New Intelligent Archive Appliance for NAS-Based Production at NAB

Quantum Corporation announced that it will be highlighting its new Artico™ intelligent NAS archive appliance at the 2015 NAB Show in Las Vegas, April 13-16 (booth #SL8416). Artico offers broadcast and postproduction facilities using scale-out NAS systems a flexible, low-cost entry point for establishing media archives " outside of StorNext® environments " that can scale to hold petabytes of content across Quantum's Lattus™ extended online, Scalar® tape and Q-Cloud™ Archive storage. Powered by Quantum's StorNext 5 software and providing a simple NAS presentation, Artico incorporates StorNext Storage Manager™ policies to put the right content in the right place at the right time for maximizing storage efficiency and reducing total costs. When used in combination with any StorNext-qualified media asset management (MAM) system, Artico can move files seamlessly from online storage to longer-term archive with no user intervention, while maintaining full access to the files. StorNext Storage Manager has been deployed broadly by media facilities around the world with great success. Artico incorporates this proven technology to streamline operations, improve use of existing capacity and simplify expansion of media storage to accommodate changing business and operational demands. Additional Artico-StorNext Storage Manager benefits include: NAS connectivity for easy deployment and integration into broadcast and postproduction environments. An optimal balance of media access and storage TCO through intelligent, policy-driven file movement across LTO tape, LTFS, object storage and cloud archive systems. Long-term protection of content, including through the ability to create multiple archive copies and with support for multiple archive systems. Automatic integration with StorNext-qualified MAM systems, enabling users to store, share and preserve media files seamlessly.

Quantum Corp. Announces New Archive Solutions Designed to Reduce Unstructured Data Storage Costs

Quantum Corp. announced three new archive solutions that empower customers to address the challenge of unstructured data growth with cost-effective tiered storage strategies: Artico NAS appliance, which can intelligently store and move data to a public or private cloud, as well as tape. A joint, certified solution combining Quantum DXi appliances and Rocket Arkivio Autostor software that can be used for both backup and archive data simultaneously. A Lattus extended online storage offering with object storage nodes that integrate new 6TB disk drives for increased density and lower cost per TB. These archive solutions can help customers save as much as 60% or more on total storage costs by moving data to lower-cost tiers of storage while offering a flexible, scalable approach to protecting data, improving backup windows and reducing network loads.

Fujitsu America and Quantum Corp. Announces an Agreement to Offer North American Customers a Joint Solution

Fujitsu America and Quantum Corp. announced an agreement to offer North American customers a joint solution for large enterprise and mainframe backup and archive storage that encompasses best-in-class disk and tape technologies. Broadening the relationship between the two companies, the joint solution leverages the Fujitsu ETERNUS® CS8000 unified data protection appliance for deduplicated disk-based backup and Quantum Scalar® LTO intelligent tape libraries for low-cost, long-term data retention. The combination of Fujitsu ETERNUS CS8000 backup and Quantum Scalar LTO tape archive enables mainframe customers to address storage workflow challenges and better manage their data storage requirements and costs. Together, these technologies use a tiered approach that leverages primary disk, deduplicated disk backup and archive tape to balance access speed with capacity needs and cost requirements. This allows enterprises seeking to consolidate legacy mainframe VTLs to replace old, proprietary tape libraries with more economical deduplication and LTO tape. The Fujitsu ETERNUS CS8000 is a unified data protection appliance that incorporates Quantum's deduplication technology to consolidate backup and archiving infrastructures of open systems and mainframes. Quantum's Scalar tape libraries are the industry's most intelligent automated tape libraries, with built-in proactive diagnostics, intuitive management features to reduce operating expenses, and policy-based data integrity checking to ensure valuable data archived on tape can be recovered. The combined Fujitsu-Quantum solution for customers in North America is available on March 24.


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