EMC acquires Zip-drive maker Iomega for $212.5 million, stopping a stock-swap merger with Great Wall Technology. Great Wall gets a $7.5 million deal-termination fee.The darling of personal storage in the ‘90s, the makers of Zip and Jazz drives, Iomega was once one of the hottest stocks in high tech, selling at $110 per share.Enterprise storage player EMC paid only $3.85 a share as a way to move into the high-growth consumer and small-business markets. Recently EMC paid $75 million for the consumer online storage service Mozy.Go Iomega
Synology announces an entry-level consumer NAS-- the DiskStation DS220j, a 2-bay storage device able to hold up to 32TB of storage via two 16TB drives, making ideal for a personal... Read more
CES 2020 has TerraMaster present the F5-422, a five-bay NAS with 10GbE ethernet connectivity powered by the Intel Celeron J3455 quad-core SoC (1.5-2.3GHz) together with 4GB of memory (expandable to... Read more
Customers wanting a sleek portable SSD get an Adata option with the SE760, a device promising broad compatibility and high performance with a USB 3.2 Gen 2 interface allowing for... Read more