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August 30, 2015 10:04 AM ET

Technology Hardware, Storage and Peripherals

Company Overview of STEC, Inc.

Company Overview

STEC, Inc. designs, manufactures, and markets enterprise-class solid-state drives (SSDs), flash cards, and flash modules for use in high-performance enterprise applications, and high-density dynamic random access memory (DRAM) modules for networking, communications, and industrial applications. Its solid-state drive products include PCIe Accelerators for ultra-low latency applications; ZeusIOPS SSDs, which provide enterprise-class data storage solutions; MACH SSDs that are small form factor storage solutions for mission-critical systems in various industries; and ZeusRAM SSDs for enterprise-storage subsystems. The company’s flash cards and flash module products comprise CompactFlash Memory p...

3001 Daimler Street

Santa Ana, CA 92705-5812

United States

Founded in 1990

904 Employees

Phone:

949-476-1180

Fax:

949-476-1209

Key Executives for STEC, Inc.

Chief Marketing Officer, Corporate Senior Vice President and General Manager
Senior Vice President of Sales for APAC
Managing Director and Country Manager of India
Managing Director and Country Manager of Japan
Secretary
Age: 47
Compensation as of Fiscal Year 2015.

STEC, Inc. Key Developments

STEC, Inc.(NasdaqGM:STEC) dropped from Russell 2000 Index

STEC, Inc. will be removed from Russell 2000 Index.

STEC, Inc.(NasdaqGM:STEC) dropped from Russell 3000 Index

STEC, Inc. will be removed from Russell 3000 Index.

sTec, Inc. Announces Board Changes

Pursuant to the Agreement and Plan of Merger, dated as of June 23, 2013, by and among sTec, Inc., (the company), Western Digital Corporation (WDC) and Lodi Ventures, Inc., (Merger Sub), on September 12, 2013 (the Effective Time), Merger Sub was merged into the company, with the company surviving the merger as a wholly-owned subsidiary of WDC (the Merger). In connection with the Merger, the sole director of Merger Sub immediately prior to the Effective Time became the sole director of the company at the Effective Time. As a result, the following members of the company's board of directors resigned at the Effective Time: Kevin C. Daly, Rajat Bahri, F. Michael Ball, Christopher W. Colpitts, Manouch Moshayedi, Mark Moshayedi and Matthew Witte, and the following director of Merger Sub became the sole director of the company: Mark Long. In connection with the Merger, the employment of each of the company's named executive officers (Mark Moshayedi, Raymond D. Cook, Robert M. Saman and Manouch Moshayedi) was terminated at the Effective Time.

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