ExcelStor Technology

This article will address ExcelStor Technology from different perspectives, in order to offer readers a comprehensive and detailed view on this topic. Relevant aspects will be analyzed, relevant data will be presented and various opinions from experts in the field will be offered. ExcelStor Technology is a topic that arouses great interest and curiosity in today's society, so it is essential to delve into its study to understand its importance and impact in different areas. Throughout this article, different facets of ExcelStor Technology will be explored, with the purpose of providing readers with a complete and enriching overview of this topic.

ExcelStor ES3220 20 GB drive
Mechanism of an ExcelStor 80 GB hard disk manufactured in 2004

ExcelStor Technology (Chinese: 易拓科技) was established in 2000 as a small hard disk drive manufacturer and has evolved into a contract manufacturer and a system integrator. ExcelStor bought the bankrupt Conner Technology PLC, its products and factory.[1] It has a manufacturing plant in Shenzhen, China, and an R&D center in Longmont, Colorado, United States. The company is partly owned by Shenzhen Kaifa Technology, of which the major share holder is China Great Wall Computer Group Co.

In 2002, ExcelStor signed a deal with IBM to manufacture and sell the 40 GB version of IBM's Deskstar 120GXP series under the ExcelStor brand name. IBM was also to market these drives under its own brand name.[2] In 2003, after Hitachi took over IBM's storage division, the deal was extended to include 40 GB and 80 GB drives from Hitachi's Deskstar 7K250 series.[3] In addition to regular drives, the company also produced models with unusual firmware features, such as multi-boot management, and backup and restore features.[4]

Since 2004 ExcelStor has manufactured some of Iomega's products, including REV.[5] In 2007 Iomega announced it would acquire ExcelStor in a stock swap valued at approximately $315 million.[6] The deal fell apart, however, with Iomega paying a termination fee of $7.5 million in 2008 as Iomega was being acquired by EMC Corporation.[7]

In 2007, Excelstor laid off 20 of its 28 employees at its Longmont CO R&D Center.[8]

References

  1. ^ Maleval, Jean Jacques (2023-03-20). "History 2001: ExcelStor, New Chinese HDD Manufacturer". StorageNewsletter. Retrieved 2025-01-04.
  2. ^ 2002 IBM deal
  3. ^ "2003 Hitachi deal". Archived from the original on 2004-12-07. Retrieved 2004-12-07.
  4. ^ "ExcelStor GStor Plus GP1080". Archived from the original on 2006-12-12.
  5. ^ "Iomega describes relationship with ExcelStor in third paragraph of press release". Archived from the original on 2012-10-15. Retrieved 2012-10-15.
  6. ^ "Valuation of Iomega acquisition based on Iomega stock in December 2007". Archived from the original on 2008-05-31. Retrieved 2008-08-17.
  7. ^ April 2008 termination of Iomega acquisition
  8. ^ "Jobs cut at ExcelStor in Longmont". Boulder County Business Report. 2007-05-09. Archived from the original on 2012-02-15.


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