SAN JOSE, Calif., April 7, 2020 /PRNewswire/ -- Quantum Corp.
(NASDAQ: QMCO) today announced a reorganization of its engineering
division, establishing two general manager positions with P&L
responsibility to lead the company's primary and secondary storage
product lines, and adding a key executive role. The positions will
enable Quantum to expand its leadership in storing video and other
unstructured data, as well as build on its strengths in archive and
data protection. The reorganization supports Quantum's goals to
grow both organically and via strategic acquisitions, and to extend
its business model with recurring revenue streams as organizations
shift to options such as storage-as-a-service.
Vice President and General Manager, Primary Storage –
Ed Fiore
Ed Fiore previously served as co-founder and CEO
of Atavium, a private data storage software company focused on
bringing business intelligence to storage. Atavium's metadata-rich
file system combines real-time search and analytics with a data
orchestration engine to provide workflow automation, hybrid
multi-cloud collaboration, and policy-based data placement. As GM
of primary storage Fiore will continue to develop source code and
intellectual property that Quantum acquired from Atavium, advancing
StorNext developments to address customer needs for media library
software, real-time search and analytics, a hybrid multi-cloud
experience, and ease of use. Prior to Atavium, Fiore served as vice
president of Storage Engineering for Dell where he was responsible
for the Compellent, EqualLogic, and FluidFS engineering teams.
Also joining Quantum as a Technical Director on the Primary
Storage team is Mark Bakke, an
industry veteran who was one of the co-founders of Atavium. Bakke
is widely respected for his contributions to next-generation,
high-speed storage networking innovation - including the market's
first virtual switch and first iSCSI products - and will drive
efforts developing enterprise-wide networking capabilities that are
essential for emerging cloud solutions.
Vice President and General Manager, Secondary Storage –
Bruno Hald
Bruno Hald is a seasoned engineering leader who
has been with Quantum for over 25 years and currently leads the
engineering teams for the archive and data protection product
portfolio. Throughout his career, Hald has helped develop and
launch many successful storage platforms that generated significant
revenues for Quantum. In this new role he will leverage his
extensive experience with hyperscale customers, large enterprises
and big OEM accounts to help customers address their needs in the
secondary storage space.
"With our new corporate structure in place Quantum is better
able to help our customers who are seeking agile partners and more
flexible solutions such as storage-as-a-service offerings that can
enable them to weather today's rapidly-shifting business climate,"
said Jamie Lerner, President and CEO
of Quantum. "It's noteworthy that with the work we've done to
rationalize our cost structure, we're able to elevate our talent
while decreasing operational expenses. Ed
Fiore and Mark Bakke provide
the startup caliber talent that is essential to our primary storage
portfolio as we transition to delivering more software-defined
solutions. I'm also thrilled to promote Bruno Hald to a new role that will enable us to
focus on the unique requirements of archive and data protection
customers who depend on Quantum."
Additional Resources
- To read the eBook STaaS: A Study of Enterprise User
Perceptions and Requirements by Evaluator Group, visit:
https://bit.ly/3aQm21p
About Quantum
Quantum technology and services help
customers capture, create and share digital content – and preserve
and protect it for decades. With solutions built for every
stage of the data lifecycle, Quantum's platforms
provide the fastest performance for high-resolution video, images,
and industrial IoT. That's why the
world's leading entertainment companies, sports
franchises, researchers, government agencies, enterprises, and
cloud providers are making the world happier, safer, and smarter on
Quantum. See how at www.quantum.com.
Quantum and the Quantum logo are either registered trademarks or
trademarks of Quantum Corporation and its affiliates in
the United States and/or other
countries. All other trademarks are the property of their
respective owners.
"Safe Harbor" Statement: This press release
contains "forward-looking" statements. All statements
other than statements of historical fact are statements that could
be deemed forward-looking statements. Specifically, but without
limitation, creation of new general manager roles within Quantum,
statements regarding the Company's goal to grow organically and
through strategic acquisitions, the expectation that Atavium
intellectual property will accelerate future StorNext developments
and address customer needs, the development of enterprise wide
networking capabilities, and the effect of new-hire costs on the
Company's operating expenses are forward-looking statements within
the meaning of the Safe Harbor. All forward-looking statements in
this press release are based on information available to Quantum on
the date hereof. These statements involve known and unknown risks
and uncertainties, including the effects of the general manager
roles on Quantum's strategic execution, the Company's ability to
continue to grow organically or execute on strategic acquisitions,
whether the Atavium intellectual property will achieve the desired
goals of accelerating future StorNext developments and addressing
customer needs, the impact of new hire costs on the company's
operating expenses and other factors that may cause
Quantum's actual results to differ materially from
those implied by the forward-looking statements. More detailed
information about these risk factors are set forth in Quantum's
periodic filings with the Securities and Exchange Commission,
including, but not limited to, those risks and uncertainties listed
in the section entitled "Risk Factors," in Quantum's Annual Report
on Form 10-K filed with the Securities and Exchange
Commission on August 6, 2019. Quantum expressly
disclaims any obligation to update or alter its forward-looking
statements, whether as a result of new information, future events
or otherwise, except as required by applicable law.
Public Relations Contact:
Bob Wientzen
Quantum Corp.
+1 (720) 201-8125
bob.wientzen@quantum.com
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SOURCE Quantum Corp.