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DEC storage business for sale
QUESTION:I understand that there is a big story in the papers today about
the DEC storage business being up for sale. However, I haven't actually
read the article yet. I think that the price being quoted was
something like $400 million.
ANSWER: Somewhere on the the internet, someone said Quantum was the buyer. One would
have expected to hear John's company had bought it, using Robert Allen's
real estate acquisition techniques. ;
CNBC/FNN announced this morning that the storage business was on the
auction block to fund the latest restructuring (de-recruiting).
DEC needs cash to pay the packages for the employees being TSFO-ed,
(Transitionary Special Financial Offer, a DEC term for a package).
If Quantum is the buyer, maybe they & DEC will agree to support all
the SCSI disks that Quantum makes that VMS doesn't recognize without
patches to DKDRIVER.
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