Xyratex Announces New OEM Relationship with Acer, Taiwan's leading globally enabled Information Technology OEM
June 16 2005 - 8:14AM
PR Newswire (US)
Xyratex Announces New OEM Relationship with Acer, Taiwan's leading
globally enabled Information Technology OEM HAVANT, United Kingdom,
June 16 /PRNewswire-FirstCall/ -- Xyratex Ltd (NASDAQ:XRTX), a
leading OEM provider of enterprise-class data storage subsystems
and network technology, today announced a new OEM agreement with
Acer Inc., the world's fifth largest IT Equipment and Information
System Supplier. Xyratex and Acer's relationship initially focused
on the development of Acer's first Fibre Channel to SATA range of
storage solutions. Acer has begun shipping Xyratex's 4200 RAID and
4200 JBOD systems in their new Altos S205F and S200F cost effective
server storage solutions that are targeted at Acer's rapidly
expanding base of small and medium enterprise customers. "We are
delighted to be providing Acer with our 4200 solutions," said Jon
Haley, Vice President of Sales and Marketing at Xyratex Storage
Systems. "Strategically, we feel Xyratex and Acer compliment one
another's goals and core competencies. Using IDC data, we have
identified a low end storage systems market of $2.9B, growing over
30% per annum to $6.6B by 2008, and we feel confident that our
collaboration with Acer allows us to effectively target this
market." Xyratex's 4200 solutions combine fibre channel
connectivity and low cost SATA drive technology. These high
capacity solutions provide enterprise class performance,
scalability and redundancy features. Acer's Altos S205F and S200F
solutions utilize and expand upon the 4200's key benefits to offer
high performance pay-as-you-grow storage. The Altos solutions
specifically address the requirements of small and medium sized end
users and are available at a highly attractive cost point. "Today's
SMBs face challenges similar to those of larger enterprises. They
demand cost-effective solutions with high reliability and
scalability, without sacrificing on performance," added Evis Lin,
Head of Enterprise Products Line, Acer Inc. "Acer is committed to
delivering complete, dependable and cost-effective server and
storage solutions for the growing demands of SMB customers, and by
cooperating with a world-class storage system OEM vendor like
Xyratex, will further assure customers of our product quality."
Xyratex has begun shipments to Acer, whose Altos S205F and S200F
storage solutions are now generally available. About Acer Acer
ranks among the world's top five branded PC vendors, designing and
marketing easy, dependable IT solutions that empower people to
reach their goals and enhance their lives. In 2000, Acer spun-off
its manufacturing operation to focus on globally marketing its
brand-name products: desktop and mobile PCs, servers and storage,
displays, peripherals, and e-business solutions for business,
government, education, and home users. Established in 1976, the
Acer Group employs 7,800 people supporting dealers and distributors
in more than 100 countries. Revenues reached US$4.6 billion in
2003. Please visit http://www.acer.com/. About Xyratex Xyratex is a
leading provider of enterprise data storage subsystems and network
technology. The company designs and manufactures enabling
technology that provides OEM and disk drive manufacturer customers
with data storage products to support high-performance storage and
data communication networks. Xyratex has over 20 years of
experience in research and development relating to disk drives,
storage systems and high-speed communication protocols. Founded in
1994 in an MBO from IBM, and with headquarters in the UK, Xyratex
has an established global base with R&D and operational
facilities in Europe, the United States and South East Asia.
DATASOURCE: Xyratex Ltd CONTACT: Stella Chou of Acer Inc.,
+886-2-86913204, ; or Investor Relations, Brad Driver,
+1-408-325-7260, , of Xyratex; or, Curtis Chan of CHAN &
ASSOCIATES, INC., +1-714-447-4993, , for Xyratex Web site:
http://www.acer.com/
Copyright
XORTX Therapeutics (NASDAQ:XRTX)
Historical Stock Chart
From Jun 2024 to Jul 2024
XORTX Therapeutics (NASDAQ:XRTX)
Historical Stock Chart
From Jul 2023 to Jul 2024