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Saturday, May 17, 2014 1:03:46 AM
http://www.theregister.co.uk/2014/05/16/overland_storage_merges_with_virtualiser_sphere_3d/
The net-net here is that Overland is digesting Tandberg and integrating it with savings and possible profitability in mind. It is also merging with a Canadian startup with, almost literally, fantastic-sounding technology that can achieve a miracle; web-enabled devices accessing any digital content or software, anytime, anywhere, in their native form.
Tassiopoulos’ Sphere 3D, the developer and possessor of technology that could be worth billions, has decided to merge with Overland Storage and not seek an acquisition or partnership with Cisco EMC, Dell, HP, IBM, or any other mainstream IT systems vendor that would surely just love to have such technology and pay very well for it.
Why is that? It is a mystery. ®
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