STEC's LSI Design Win Confirms Momentum: More Upside to Go - trackseekingalpha

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STEC's LSI Design Win Confirms Momentum: More Upside to Go
Sep 29, 2009 09:50 AM UTC

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Via Long Investment Ideas from Seeking Alpha:

What’s New at STEC (STEC)? LSI Corporation (LSI) announced Monday its latest technology refresh to its flagship LSI Engenio 7900 storage system, which included among other things support for STEC (STEC) ZeusIOPS SSD’s. The LSI Engenio storage systems are sold primarily through large OEM’s [Original Equipment Manufacturer] like IBM (IBM), SUN’s (JAVA) StorageTek, SGI, etc. For instance, the Engenio 7900 is sold by IBM (IBM) as the IBM DS5300. IBM has not officially announced the refresh themselves. But according to an Enterprise Strategy Group Lab Report, as far back as Sept 2008 IBM itself provided a roadmap to SSD’s as a given in Page 18 of the report

IBM has advised ESG that future releases of the DS5300 will support solid state disk drive technology.

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