CIMdata PLM Industry Summary Online Archive
09 May 2005
Company News
McDATA and CNT Announce Post-Acquisition Business Model and Product and Services Roadmap
McDATA Corporation and Computer Network Technology Corporation (CNT) , two recognized leaders in the storage networking space, today outlined the post-acquisition go-to-market strategy, combined roadmap and targeted business model during a conference call and webcast hosted by John Kelley, McDATA chairman, president and CEO; Ernest Sampias, chief financial officer for McDATA; and Tom Hudson, chairman, president and CEO of CNT. The combined roadmap provides solid direction for McDATA to more broadly address partner and customer needs with unmatched technology and services leadership and expertise across SAN, MAN and WAN environments.
The CNT acquisition further strengthens McDATA's Global Enterprise Data Infrastructure initiative, meeting customers' and partners' growing requirements for information lifecycle management, utility computing and on-demand access to information. McDATA's existing line of Intrepid® Directors, Sphereon® Fabric Switches, EclipseT SAN Routers and security and management software will be complemented by CNT's UltraNetT extension products, their Replication Appliance and Matrix Switches, supported with professional and maintenance services.
"EMC has had long and successful relationships with both McDATA and CNT that have helped our customers build and deploy infrastructures for information lifecycle management. We look forward to continuing our work with the combined company and providing our mutual customers with some of the industry's most advanced storage networking solutions," said Tom Joyce, vice president, platforms marketing, EMC.
"We are very pleased with the acquisition, as combining McDATA and CNT, both trusted Hitachi Data Systems partners, will result in a technology leader with very competitive solution offerings," said Scott Genereux, executive vice president and general manager, Worldwide Sales, Channels, and Support, Hitachi Data Systems. "Our relationship with McDATA will continue to prosper as we move forward with our Application Optimized StorageT solutions strategy. These solutions, integrating hardware, software and services plus best of breed networking components, such as McDATA's, will allow organizations to more closely align business and IT objectives."
"IBM has had a deep relationship with both McDATA and CNT. We are excited to leverage and benefit from the unified company to offer our customers an expanded portfolio of information on demand solutions," said Robert Mahoney, Business Line Executive Storage Networking, IBM.
"This is a good move for both McDATA and CNT. Both have been in business for more than 20 years, both serve Global-2000 accounts, many of which they share. They are both established storage players; the combined technologies will accelerate their ability to sell more complete storage solutions," said Randy Kerns, analyst for Evaluator Group. "This promotes McDATA's GEDI strategy and establishes a better positioned data infrastructure company with the breadth of products, services, and solutions to deliver to OEM partners and customers their shared vision of the optimized global data infrastructure. The acquisition makes sense both for companies, their channel partners and their customers."
For more information regarding the combined companies' offering and synergies, please listen to today's call. The call will be audio webcast live via the Internet at www.mcdata.com . A replay of the conference call will be archived for 30 days at www.mcdata.com .
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