Financial Daily from THE HINDU group of publications
Monday, Apr 29, 2002
Financial Daily from THE HINDU group of publications Monday, Apr 29, 2002 |
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Info-Tech
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Alliances & Joint Ventures Adaptec signs pact with IBM Our Bureau
HYDERABAD: Adaptec Inc, the Nasdaq-listed major in data storage access solutions with a wholly-owned subsidiary based at Hyderabad, has signed an OEM purchase agreement with International Business Machines (IBM). The agreement will help Adaptec become a global supplier of 1Gbit and 10Gbit iSCSI (Internet small computer system interface) host bus adapter cards and related chips. In a press communique here on Friday, the Managing Director of Adaptec India, Mr Raghu Allamsetty, said the partnership was a significant milestone for the industry, which provides the customers with improved performance in storage networking solutions. Adaptec's iSCSI technology was designed to provide high-performance data transfer rates up to 2Gbits per second. The company provides intelligent, highly available storage access solutions that reliably move, manage and protect critical data and digital content. According to Mr Allamsetty, Adaptec's storage solutions are found in high-performance networks, servers, workstations and desktops from the world's leading manufacturers and are sold through OEMs and distribution channels to Internet Service Providers (ISPs), enterprises, medium and small businesses and consumers.
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