Sale of RDX business to Tandberg Data Enables Strong Focus on Development, Marketing and Sales of the ProStor InfiniVault
BOULDER, CO – May 12, 2011 – ProStor Systems, the leader in multi-tiered storage systems for long-term data retention, today announced the sale of its RDX removable disk business. Tandberg Data will acquire the RDX business, including intellectual property and key members of ProStor’s RDX engineering team. The terms of the deal were not disclosed. ProStor Systems is the inventor and original developer of RDX removable disk technology and the only vendor to offer a multi-tiered storage system based on RDX.
RDX removable disk technology has become the industry leader in enterprise-class removable disk storage for backup, disaster protection and archive. ProStor Systems licensed the RDX technology to Tandberg Data to manufacture, market and sell worldwide. Since then, Tandberg Data has been instrumental in RDX technology achieving widespread acceptance and has established itself as the market leader in the removable disk market.
ProStor is the only vendor to offer a multi-tiered storage system based on RDX technology. “In recent months, we’ve enhanced and expanded the ProStor InfiniVault® product line significantly. The sale of the RDX business will enable us to align our resources and focus our attention solely on scaling the InfiniVault product portfolio,” explains Frank Harbist, ProStor Systems’ CEO.
ProStor InfiniVault, a multi-tiered storage system for fixed digital assets, is uniquely suited to provide a cost-effective solution where data is stored at the most efficient level given business retention and retrieval requirements. The InfiniVault offers backward- and forward- compatibility so that any capacity RDX disk can be intermixed in the system, realizing dramatic cost savings as data grows by eliminating the need to purchase a new system. ProStor will continue to offer its full range of RDX capacity points as part of selling the InfiniVault portfolio. ProStor is still unique in offering system-matching warranties for RDX drives that are bought from ProStor as part of an InfiniVault sale.
The InfiniVault product line has been expanding to include features that enable data virtualization across online, nearline, offline, and offsite tiers based on policies. This transaction enables the continued development of significant long-term data management and retention capabilities to come in the future. ProStor continues to experience solid acceleration in number of customers and sales—serving over 200 customers and realizing over 100% growth in sales year over year.
About ProStor Systems
ProStor Systems provides industry-leading solutions for the cost-effective, long-term storage of digital information. ProStor InfiniVault® integrates information management software, online disk, and RDX removable disk to simplify retention management while automating disaster protection and regulatory compliance. InfiniVault provides fast, reliable retrieval of information from a choice of local online, nearline, offline or offsite locations, all while eliminating archive silos and reducing management overhead. This intelligent storage system is replacing optical, tape, and disk in healthcare, document imaging, financial services, digital video archive, service provider, and government markets.
For more information about ProStor Systems, visit www.prostorsystems.com or contact the company at [email protected] or 303-565-3100.
About Tandberg Data
Tandberg Data is a leading global supplier of data protection solutions to the SMB. Tandberg Data offers a wide product portfolio, ranging from RDX removable disk, disk-based solutions, deduplication software, tape drives, tape automation and media for small and medium-sized organizations. All solutions are supported through a worldwide service and support network, recognized globally for its outstanding levels of service. In addition to the standard warranty and support offerings, on-site service upgrades provide Tandberg Data customers with further peace of mind.
Tandberg Data markets its solutions exclusively through a global channel of qualified resellers and distributors. This channel model is supported by OEM agreements with major server manufacturers including Fujitsu, HP, Hitachi, IBM, Lenovo, NEC and Toshiba.
ProStor Systems, the ProStor Systems logo and InfiniVault are registered trademarks of ProStor Systems, Inc. All other trademarks are properties of their respective owners.
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Press Contact:
Tracey Floming
Phone: 720-982-3884
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