Quantum Commemorates 40 Years of Data Storage, Management Solutions; Participates in HPA Tech Retreat

Quantum marked the company’s 40-year anniversary as an innovator in data storage and management with celebrations at its San Jose, California headquarters and its other global offices, honoring the company’s founders. In addition, Senior Director of Product Marketing Eric Bassier participated in The MovieLabs 2030 Vision cloud infrastructure panel at the 2020 Hollywood Professional Association (HPA) Tech Retreat in Rancho Mirage, California on Thursday, Feb.20.

40th Anniversary
The milestone highlights Quantum’s heritage of innovation in data storage and management solutions, as the company embarks on a new phase of growth with a series of new product introductions that have expanded the company’s portfolio of offerings for storing and managing video and other unstructured data. The anniversary celebration follows Quantum’s new listing to the NASDAQ stock exchange, as well as its announced plans to acquire the ActiveScale object storage business.

“Quantum’s heritage goes back to Silicon Valley’s earliest days when the area first captured the world’s attention as a center of innovation,” says Jamie Lerner, President and CEO, Quantum. “Today we’re applying technology to enrich people’s lives in ways they could scarcely imagine four decades ago. As the fortunes of countless technology companies have risen and fallen over the years, Quantum has endured and thrives today because of the people who have been drawn here to deliver products that ultimately make the world happier, smarter and safer.”

A Company Built on Innovation
Quantum got its start February of 1980 when executives and designers from Shugart Associates, IBM and Memorex designed an 8-inch hard drive that could achieve high performance without the cost or complexity of using a full closed-loop servo system – a major innovation at that time. The company went public in 1982 and continued expanding its product portfolio. Quantum acquired the DEC data storage division in 1994, adding tape automation products to its offerings.

Quantum sold its hard disk drive business in 2001, and in 2006 acquired Advanced Digital Information Corporation (ADIC), including the company’s Scalar® tape libraries, StorNext® filesystem software, and deduplication technology which served as the foundation for DXi backup appliances.

“It is gratifying to know that the company we started in 1980 continues to flourish,” says Dave Brown, Founder, Quantum. “From its earliest days, Quantum always attracted people who placed a high value on innovation, and who put their heart and soul into delivering products they can be proud of. From the beginning, we recognized that data serves as the lifeblood for many organizations, and holds value that needs to be protected, managed and shared indefinitely. The tools for accomplishing that have evolved over forty years, but the need for that capability has never been greater.”

HPA Tech Retreat
As part of The MovieLabs 2030 Vision session, the cloud infrastructure panel explored the structures and processes of cloud storage as well as the opportunities and challenges inherent in supporting cloud-based storage including across private, hybrid, and public clouds.

“Quantum has long been a leader in storage and asset management for the media and entertainment industry and is well-versed in both the benefits and challenges of cloud storage versus local storage,” said Bassier, before the panel. “I look forward to sharing our expertise with the HPA Tech Retreat attendees.”

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