Tim Higgins
PROMISE Technology said it has the first RAID direct attached storage for Intel’s Thunderbolt bus.
PROMISE’s Pegasus comes in 4-bay (R4) and 6-bay (R6) models supporting RAID 0, RAID 1, RAID 1 with hot spare, RAID 5, RAID 50, RAID 6, RAID 60 and RAID 10 modes
Both Pegasus enclosures have two Thunderbolt ports, aluminum enclosures and smart fans for reduced system noise. They will require Mac OS 10.6.6 or higher.
Pegasus will start shipments sometime next quarter. Pricing was not announced.
Iomega today announced that it has entered into a definitive share purchase agreement to acquire ExcelStor Great Wall Technology Limited, a Cayman Islands company, and Shenzhen ExcelStor Technology Limited, a PRC company.
Iomega will issue approximately 84 million shares of common stock in Iomega in exchange for all outstanding ExcelStor common shares. Upon closing the transaction, GWT and its affiliates will hold approximately 43% of Iomega’s common stock, making GWT the largest Iomega shareholder. The Boards of Directors of both Iomega and ExcelStor have unanimously approved the share purchase agreement.
Updated - Buffalo has begun shipments of its new line of LinkStation NASes.
NETGEAR is making a play for "big-iron" storage with a new modular NAS product line.
