Sphere 3D Corp. (ANY)

[sons4]

How does the tape business tie into the software (Glassware) business? There has been very little discussion regarding this opportunity but it seems that Overland has the best tape business with major growth over the next 5 years.

Overland is widely perceived as a ‘tape storage’ company for the simple fact that that’s indeed what it was. Similarly to EMC, who began its life producing memory boards, Overland started out by acquiring a tape storage device manufacturer, which led to the storage business. Overland is the largest provider of tape storage in the market by far. An analyst at Enterprise Strategy Group said last year:

“Tape is the predominant storage media used for data protection due to its portability and, from an acquisition cost perspective, its price.” As tape capacities continue to out-ship disk capacities and “the use of tape now dominates archiving over internal disk, external disk or cloud … tape’s lead is expected to grow during the next five years, demonstrating 45 percent annual growth by 2015.”