LTO Tape Drive Sales Increased 15 Percent in 2007
June 24, 2008 Alex Woodie
Total shipments of LTO drives increased 15 percent last year compared to 2006 and accounted for more than $883 million in sales, according to recent data released by IDC. The solid year of sales boosted LTO’s lead over other competing tape technologies, although 2007 was a good year for all midrange technologies, according to the group. The LTO Consortium was founded in 2000 when IBM, Hewlett-Packard, and Seagate Technology‘s Certance division partnered on the first generation of LTO gear. IBM, HP, and Quantum (which acquired Certance in 2005), pushed the capacity and the speed of LTO |