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Quantum's board of directors has approved a 1-for-8 reverse stock split of its common stock. The company expects the reverse split to become effective following the close of trading on Tuesday 18 April 2017, and its common stock to begin trading on a split-adjusted basis on Wednesday 19 April 2017. Quantum’s common stock will continue to trade on the New York Stock Exchange under the symbol “QTM” but under new CUSIP number 747906501.
Read MoreCTERA Networks's Cloud Server Data Protection Platform is now available on-demand on AWS Marketplace, allowing enterprises to quickly and easily deploy a fully automated file-level backup and recovery solution for cloud-based servers and applications.
Read MoreCohesity, pioneer of hyperconverged secondary storage, has announced its largest funding to date, raising over $90 million in a Series C round co-led by investors GV (formerly Google Ventures) and Sequoia Capital.
Read MoreArcserve Unified Data Protection (UDP) slashes Compass Health’s backup labour time by 15 percent and reduces its backup storage footprint by 70 percent.
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In response to a new study forecasting a 10-fold rise in worldwide data by 2025, global data and storage leader Seagate is advising business leaders and entrepreneurs to amplify their focus on the mega trends driving data growth over the next several years, and examine their business' course for the future value of data from creation, collection, utilization and management.
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Clifton College is one of the UK’s leading co-educational independent schools. Cristie Data provides the Bristol-based private school with a fully managed, scalable and reliable cloud backup solution that protects pupil data and can easily scale to meet future data growth.
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