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Quantum Corporation
Quantum Corporation is a data storage, management, and protection company that provides technology to store, manage, archive, and protect video and unstructured data throughout the data life cycle. Their products are used by enterprises, media and entertainment companies, government agencies, data companies, and life science organizations. Quantum is headquartered in San Jose, California and has offices around the world.
The company was dual-listed on the NASDAQ Global Market under the ticker symbol "QMCO", and on the Börse Frankfurt under the ticker symbol "QNT2".
Quantum was founded in 1980 as Quantum Corp. By 1984, it led the market for mid-capacity 5.25-inch drives. That year, a subsidiary was launched called Plus Development to focus on the development of hardcards. Plus Development became a successful designer of 3.5-inch drives with Matsushita Kotobuki Electronics (now Panasonic) as the contract manufacturer. By 1989, Quantum led the compact drive market.
The company had 11 new models of 3.5-inch and 2.5-inch drives, and had signed distribution agreements with Rein Elektronik in Germany and Inelco Peripheriques in France. It also merged its subsidiary Plus Development Corporation into its Commercial Products Division.
Quantum was the largest drive producer worldwide in 1994.
In 2000, Maxtor agreed to acquire Quantum's hard disk drive group. In 2004, Quantum became a member of the LTO Consortium after acquiring Certance.
In 2012, Quantum announced Q-Cloud, which combines on-premise storage with cloud storage. In 2015, the company released a multi-tier storage product, StorNext 5.3, which supports Q-Cloud and powers the company's Xcellis workflow storage technology.
In 2018, Jamie Lerner became CEO, and Quantum shifted focus from hard drives/tape to providing data storage, management, and protection for video and other unstructured data.
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Quantum Corporation
Quantum Corporation is a data storage, management, and protection company that provides technology to store, manage, archive, and protect video and unstructured data throughout the data life cycle. Their products are used by enterprises, media and entertainment companies, government agencies, data companies, and life science organizations. Quantum is headquartered in San Jose, California and has offices around the world.
The company was dual-listed on the NASDAQ Global Market under the ticker symbol "QMCO", and on the Börse Frankfurt under the ticker symbol "QNT2".
Quantum was founded in 1980 as Quantum Corp. By 1984, it led the market for mid-capacity 5.25-inch drives. That year, a subsidiary was launched called Plus Development to focus on the development of hardcards. Plus Development became a successful designer of 3.5-inch drives with Matsushita Kotobuki Electronics (now Panasonic) as the contract manufacturer. By 1989, Quantum led the compact drive market.
The company had 11 new models of 3.5-inch and 2.5-inch drives, and had signed distribution agreements with Rein Elektronik in Germany and Inelco Peripheriques in France. It also merged its subsidiary Plus Development Corporation into its Commercial Products Division.
Quantum was the largest drive producer worldwide in 1994.
In 2000, Maxtor agreed to acquire Quantum's hard disk drive group. In 2004, Quantum became a member of the LTO Consortium after acquiring Certance.
In 2012, Quantum announced Q-Cloud, which combines on-premise storage with cloud storage. In 2015, the company released a multi-tier storage product, StorNext 5.3, which supports Q-Cloud and powers the company's Xcellis workflow storage technology.
In 2018, Jamie Lerner became CEO, and Quantum shifted focus from hard drives/tape to providing data storage, management, and protection for video and other unstructured data.