Media releases are provided as is by companies and have not been edited or checked for accuracy. Any queries should be directed to the company itself.

ADAPTEC AND VITESSE TO JOINTLY DEVELOP AND MARKET NEXT GENERATION STORAGE PRODUCTS

  • 31 January, 2005 16:09

<p>Alliance Broadens Product Offerings, Expands Market Opportunity, and
Speeds Time-to-Market of Adaptec Serial-Attached SCSI ASIC Products</p>
<p>Sydney, Australia – January 31, 2005 - Adaptec, Inc. (NASDAQ: ADPT), a global leader in storage solutions, today announced that it has entered into a strategic alliance with Vitesse Semiconductor Corporation (NASDAQ: VTSS), a leading provider of enterprise class storage IC solutions, to develop and market next generation Serial Attached SCSI (SAS) products.</p>
<p>Working together, Vitesse will combine its 6Gb/s mixed signal and expander technology and expertise with Adaptec’s RAID, RAID 6, and I/O technology and expertise to develop advanced SAS products which will allow Adaptec to bring to market one of the broadest SAS product lines in the industry. Under the terms of the alliance, Vitesse will employ selected Adaptec engineers and license certain SAS technology and assets related to Adaptec’s development of SAS RAID on Chip (SAS ROC) products. In addition, Vitesse and Adaptec will supply original equipment manufacturer (OEM) customers and channel customers with advanced SAS technologies, such as ROC chips (including the management software, firmware, and drivers), expanders, bridges, and I/O silicon.</p>
<p>“Our goal is to maintain our leadership in Serial-Attached SCSI by empowering our industry-leading SAS engineering team to leverage complementary technology and expertise in order to deliver the most impressive SAS product line to Adaptec’s OEM and channel customers,” said Robert N. Stephens, president and chief executive officer, Adaptec. “Vitesse is an excellent partner to help us accomplish this goal. They bring additional expertise in signalling, expander, and storage infrastructure products, which will enable us to deliver advanced, truly differentiated products to market faster. We believe that the results of this collaboration will be a clear win for our OEM and channel customers.”</p>
<p>“We are pleased to join forces with Adaptec, the unparalleled industry leader in RAID technology and end-to-end storage products,” said Dr. Louis R. Tomasetta, chief executive officer, Vitesse. “By leveraging Adaptec’s RAID technology in combination with our collective development efforts, teams, resources and expertise, both companies will be in a powerful position to capitalise on an emerging SAS market opportunity faster and more efficiently.”</p>
<p>Safe Harbor Statement</p>
<p>This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. Forward-looking statements include statements regarding the anticipated benefits of Adaptec’s strategic alliance with Vitesse, including Adaptec’s ability to maintain its leadership in Serial-Attached SCSI and deliver additional time-to-market and cost advantages, the expected benefits to Adaptec’s OEM and channel customers and Adaptec’s ability to quickly and efficiently capitalise on an emerging market. These forward-looking statements are based on current expectations, forecasts and assumptions and involve a number of risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements. These risks include: difficulty in forecasting the volume and timing of customer orders; fluctuations in demand in the server, network storage and desktop computer markets; Adaptec’s target markets' failure to accept, or delay in accepting, network storage and other advanced storage solutions; any decline in consumer acceptance of Adaptec’s products; the markets' failure to accept Adaptec’s new products; and the adverse effects of the intense competition Adaptec faces in its business. For a more complete discussion of risks related to Adaptec’s business, reference is made to the section titled "Risk Factors" included in its Form 10-Q for the quarter ended September 30, 2004, on file with the Securities and Exchange Commission. Adaptec assumes no obligation to update this information or the Risk Factors included in its Form 10-Q for the quarter ended September 30, 2004.</p>
<p>About Adaptec</p>
<p>Adaptec Inc. (NASDAQ:ADPT) provides end-to-end storage solutions that reliably move, manage and protect critical data and digital content. Adaptec provides software and hardware solutions for storage connectivity and data protection, storage networking and networked storage subsystems to leading OEM and distribution channel partners. Adaptec solutions are in use by enterprises, ISPs, medium and small businesses and consumers worldwide. Adaptec is an S&amp;P Small Cap 600 Index member.</p>
<p>About Vitesse</p>
<p>Vitesse designs, develops, and markets a diverse portfolio of high-performance, cost-competitive semiconductor solutions for communications and storage networks worldwide. Engineering excellence and dedicated customer service distinguish Vitesse as an industry leader in Gigabit Ethernet LAN, Ethernet-over-SONET, Advanced Switching, Fibre Channel, Serial Attached SCSI, Optical Transport, and other applications. Vitesse innovation empowers customers to deliver superior products for Enterprise, Access, Metro, and Core applications. Additional company and product information is available at www.vitesse.com.</p>
<p>###</p>
<p>MEDIA CONTACT:</p>
<p>Rob Stirling
Markom Marketing
+61 2 9977 8922
robstirling@markom.com.au</p>
<p>Demetri Christodoulou
Adaptec Australia
+61 2 8875 7874
demetri@adaptec.com</p>

Most Popular

Cool Tech

Breitling Superocean Heritage Chronographe 44

Learn more >

SanDisk MicroSDXC™ for Nintendo® Switch™

Learn more >

Toys for Boys

Family Friendly

Panasonic 4K UHD Blu-Ray Player and Full HD Recorder with Netflix - UBT1GL-K

Learn more >

Stocking Stuffer

Razer DeathAdder Expert Ergonomic Gaming Mouse

Learn more >

Christmas Gift Guide

Click for more ›

Most Popular Reviews

Join the newsletter!

Error: Please check your email address.

Latest Articles

Resources

PCW Evaluation Team

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?