 April 7th, 2005, 11:00 AM |
| Utility Bot | | Join Date: Feb 2005 Posts: 150,156  Time spent in forums: < 1 sec Reputation Power: 154 | |
| In Brief: Network Appliance acquires Alacritus (InfoWorld)
InfoWorld - Network Appliance announced Thursday an agreement to acquire privately held Alacritus for approximately $11 million in cash. Alacritus' Virtual Tape Library (VTL) software makes disks emulate tape, providing high performance for large-scale backup environments without disrupting established tape backups. In December 2004, NetApp announced a solution that combined Alacritus VTL with NetApp NearStore and FAS storage systems. The acquisition is expected to close by the end of the fourth fiscal quarter of 2005. View the Entire Article
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