Adaptec and STMicroelectronics Collaborate On Next-Generation SCSI Products.MILPITAS, Calif.--(BUSINESS WIRE)--March 16, 1999--Adaptec, Inc. (Nasdaq:ADPT ADPT Automated Data Processing/Telecommunications ADPT Adaptec Corporation (stock symbol) ADPT Adaptive Prediction ADPT Auger Depth Profiling Technique ADPT Automated Data Processing Telecommunications ADPT Adapter ) and STMicroelectronics (NYSE NYSE See: New York Stock Exchange :STM (Scanning Tunneling Microscope) A microscope that can image down to the atomic level. An STM uses a piezoelectric tube with a tiny sharp tip at the end that is moved within nanometers of the object being sampled. ) today announced that they have signed a memorandum of understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment. to jointly develop and market future SCSI SCSI in full Small Computer System Interface Once common standard for connecting peripheral devices (disks, modems, printers, etc.) to small and medium-sized computers. SCSI has given way to faster standards, such as Firewire and USB. (Small Computer System Interface) architectures and SCSI products. In the past, next-generation SCSI host bus adapters and disk drives (both integral to computer performance) have not always entered the market concurrently, hampering market adoption of flagship SCSI products. Now, Adaptec and STMicroelectronics are working together to make state-of-the-art SCSI products available at the same time, enhancing time to volume; accelerating new technology adoption; and bringing performance, compatibility, and feature benefits to their customers. Adaptec will concentrate on developing SCSI solutions for its host and server subsystem markets with host bus adapter products. STMicroelectronics will produce ICs for a variety of peripheral applications in disk drives, optical drives, and removable storage products. The two companies will validate and test the products together to foster widespread compatibility and higher performance. This collaboration follows the acquisition and integration of Adaptec's Peripheral Technology Solutions group into STMicroelectronics and marks a new chapter in the relationship. The agreement does not involve any financial exchange. "Our new relationship with STMicroelectronics allows the customers of both companies to enjoy best of breed SCSI solutions concurrently," said Bob Stephens, president and COO of Adaptec. "By facilitating a more rapid and reliable deployment of future SCSI generations, we bring performance and market advantages to both our customer bases." "This is an exciting development for STMicroelectronics," said Aldo Romano, corporate vice president and general manager of the Telecommunications and Peripherals/Automotive Groups at STMicroelectronics. "Our relationship with Adaptec furthers our strategy to supply the most comprehensive semiconductor solutions to the peripheral market with a specific emphasis on mass storage. By merging Adaptec's PTS PTS put to sleep; a common euphemism for euthanasia, but also used to describe general anesthesia. group and intellectual property into the STMicroelectronics semiconductor portfolio, we are now uniquely positioned to offer total semiconductor solutions for all the critical components of the hard disk drive: preamplifier Preamplifier A voltage amplifier suitable for operation with a low-level input signal. It is intended to be connected to another amplifier with a higher input level. , read channel, servo controller, smart power and memory. We can now effectively target enterprise and desktop applications, and enable our customers with faster time to market." As the first step in the relationship, STMicroelectronics will license Adaptec to sell the 43C97 Ultra2 SCSI IC to system customers. STMicroelectronics will continue to sell this device to its peripheral customers as before. About STMicroelectronics STMicroelectronics (formerly SGS-THOMSON Microelectronics) is a global independent semiconductor company with strong European roots, whose shares are listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. (NYSE:STM), the Bourse bourse (b  rs), term applied to a European stock exchange. The first international bourse was established in Antwerp in the 16th cent. de Paris, and on the Milan Stock Exchange Milan Stock ExchangeThe largest regional stock exchange in Italy, facilitating more than 90% of the country's trading volume. . It designs, develops, manufactures, and markets a broad range of semiconductor integrated circuits (ICs) and discrete devices used in a wide variety of microelectronics applications, including telecommunications systems, computer systems, consumer products, automotive products, and industrial automation and control systems. Further information on ST can be found at www.st.com. About Adaptec Adaptec moves the world's information with host bus adapter, RAID, and software products that speed data to and from computers, peripherals, and networks. Founded in 1981 and with headquarters in Milpitas, Adaptec is a global design, manufacturing, sales, service and distribution company. More information on Adaptec and its products is available at http://www.adaptec.com. |
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