Arcada and Palindrome merge to form Seagate Software, Storage Management Group; Establishes Seagate Software as new leader in backup and Storage Management Software market.BOSTON--(BUSINESS WIRE)--Feb. 13, 1996--Today, Seagate Technology (company) Seagate Technology - A major manufacturer of hard disk drives, founded in 1979 as "Shugart Technology" by Alan F. Shugart and Finis Conner. That name is on the original patents for the 5.25" hard disk drive. (NYSE NYSE See: New York Stock Exchange :SEG n. 1. (Bot.) Sedge. 2. The gladen, and other species of Iris. 1. A castrated bull. ), the data technology company, announced the formation of Seagate Software Seagate Software was an international software corporation headquartered in Scotts Valley, California. It was a majority owned subsidiary of Seagate Technology, the largest independent disc drive and related components company in the world. , Storage Management Group (SMG SMG - Screen Management Guidelines. A VMS package of run-time library routines providing windows on DEC VT100 terminals. ) created by the merger of backup and storage management vendors, Arcada Software Arcada Software was a computer software company that was formed in early 1994 by the merger of Conner Software (the software division of Conner Peripherals) of Lake Mary, Florida, and Astora Software, formerly Quest Development Corporation, of San Luis Obispo, California. and Palindrome palindrome: see anagram. . Seagate acquired Arcada Software as part of last week's merger with Conner Peripherals Conner Peripherals was a company that manufactured hard drives for personal computers. Conner Peripherals was founded in 1986 by Seagate Technology co-founder Finis Conner, as a merger between a company of his and another started by MiniScribe founders John Squires and Terry . The new organization intends to enhance its position as the market leader by blending the resources of the parent company with the world-class, industry-proven backup and storage management product line already developed by Arcada and Palindrome. "The formation of Seagate Software, SMG provides customers with the industry's strongest product offering of storage management solutions," said Steve Luczo, executive vice president, Corporate Development for Seagate Technology and COO for Seagate Software. "Today's data-intensive environments require sophisticated, enterprise-wide solutions for automating storage management. Customers demand choice, reliability, flexibility and enterprise leadership to meet their mission-critical data protection needs -- and Seagate is now uniquely positioned to deliver the solutions." Seagate Software, SMG supports more computing platforms with backup, archiving, hierarchical storage management See HSM. (HSM (1) (Hierarchical Storage Management) The automatic movement of files from hard disk to slower, less-expensive storage media. The typical hierarchy is from magnetic disk to optical disc to tape. ) and disaster recovery planning than any other provider. In addition, critical strategic partnerships with Microsoft, Novell, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) and other pacesetters in the computer industry have helped boost the company into its current leadership position. As a result of this union, Seagate Software, SMG has emerged as the new leader in the storage management software market as measured by: -- Market share leadership in Microsoft Windows See Windows. (operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then. NT, Microsoft Windows 95, Microsoft Windows 3.x, IBM OS/2 and DOS, as well as in advanced NetWare storage management environments including HSM and media management. -- Fastest revenue growth rate over the past year (for both Arcada and Palindrome) of any other major competitor. -- More major editorial awards in 1995 than any other major competitor. -- More providers of tape and optical subsystems have chosen Arcada and Palindrome's storage management solutions to provide a complete storage solution to their customer base than any other vendor. PRODUCT PROFILE Seagate Software, SMG will leverage the specific strengths of Arcada and Palindrome, as well as the expertise and resources of Seagate. There are three areas of emphasis: desktop, LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. and multi-LAN (or enterprise) storage management. Arcada is regarded as the defacto provider of Microsoft Windows NT and desktop storage management backup and restore products, while Palindrome is recognized as the leading provider of high-end NetWare solutions. The new, integrated Seagate Software, SMG product line will be as follows: -- Seagate Backup (formerly Arcada Backup) -- provides complete plug-and- play backup and restore functions for desktop users running Microsoft Windows 95, Microsoft Windows 3.x, DOS and IBM OS/2 WARP The client version of the OS/2 operating system. It includes peer-to-peer networking, fax and communications programs, multimedia viewing and editing applications and IBM Works (word processing, spreadsheet, database and other office tools). Introduced in late 1994 as Version 3. . -- Seagate Backup Exec Backup Exec is backup software for Microsoft Windows environments currently developed by Symantec. Backup Exec has a long history of being sold from one company to another. (formerly Arcada Backup Exec) -- provides powerful, easy-to-use server and network backup and restore functions for Novell NetWare and Microsoft Windows NT LANs and workstations. -- Seagate Sytos Premium for OS/2 LAN Server (formerly Arcada Sytos Premium) -- provides powerful network backup and restore functions for OS/2. -- Seagate Backup Director and Seagate Storage Manager (formerly Palindrome Backup Kv[M Director and Palindrome Storage Manager) -- provides enterprise customers with fully automated backup and restore functions, as well as an advanced set of sophisticated storage management functions including archiving, integrated HSM, media management and disaster recovery planning for multi-LAN Novell NetWare and Microsoft Windows NT environments. -- Seagate Visual Storage Administrator (VISTA) (formerly Palindrome VISTA) -- provides a powerful centralized management and control platform for multiple Backup Director and Storage Manager installations across the enterprise to reduce total cost of ownership. Seagate Software, SMG will be headquartered in Orlando, Florida and headed up by Kevin Azzouz, former president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Arcada Software. Doug Cogswell, former president of Palindrome, will serve as general manager of the new organization. STRATEGIC PARTNER COMMENTS: Commenting on the merger, experts throughout the industry were enthusiastic: "Just as Seagate is shaking up the backup market, Microsoft Windows NT is quickly becoming a strategic platform for today's corporations," said Kevin Phaup, Microsoft Windows NT program manager at Microsoft. "This merger combines the power of the world's leading independent provider of disc drives with the leading Microsoft backup technology. We believe our customers will reap great benefits from the innovations that will result from this combination." "I am pleased to see the new organization," stated Michael Peterson, president of leading independent industry analyst firm Strategic Research Corporation. "It preserves the presence of industry leading products, protects customer investments and propels the new company to the forefront of the market." "As the industry's leading network software provider, we know today's growing companies require advanced solutions that tightly integrate with the network," said Bill Mason, senior director, ISV (Independent Software Vendor) A person or company that develops software. It implies an organization that specializes in software only and is not part of a computer systems or hardware manufacturer. Marketing for Novell. "As NetWare 4 with its industry-standard directory services, is increasingly deployed in larger networks, storage management technology becomes a strategic initiative to our customers. We are excited about this merger and believe our customers will benefit from the resulting solutions." ABOUT SEAGATE Seagate Technology, Inc. is a data technology company that provides products for storing, managing and accessing digital information on the world's computer and data communications systems. Seagate is the largest independent disc drive and component company in the world. Seagate's home page address on the World Wide Web is http://www.seagate.com. ABOUT SEAGATE SOFTWARE, SMG Seagate Software, a wholly-owned subsidiary of Seagate Technology, develops applications that touch virtually every area of data management, including information management, reporting, network and systems management and storage management. Seagate Software, SMG, an organization within Seagate Software, provides award-winning storage management solutions including backup, archiving, HSM and disaster recovery. These solutions are developed as integral components of a total data management product strategy supporting all major operating environments. Seagate Software, SMG has established strategic partnerships with Microsoft, Novell, IBM, HP and other industry pacesetters, and has created the native backup utilities found in Microsoft Windows NT, Microsoft Windows 3.x, DOS 6.x and IBM OS/2 WARP. -0- NOTE TO EDITORS: Microsoft Windows NT and Windows are either registered trademarks or trademarks of Microsoft Corporation in the United States and/or other countries. CONTACT: Seagate Software Robin Lutchansky, 408/342-4772 robin_j_lutchansky@notes.seagate.com or Seagate Software, SMG Mark Campagna, 407/333-7552 mcampagna@arcada.com |
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