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December 11, 1997updated 03 Sep 2016 12:06pm

STORAGETEK WINS HP OEM DEAL

By CBR Staff Writer

Storage Technology Inc has signed its biggest OEM agreement yet for multiplatform Timberwolf DLT tape libraries, from Hewlett-Packard Co. The deal, worth an estimated $70m in revenues for StorageTek over the next three years, and two and a half times that for HP, should result in an increase in market share for StorageTek, which says it’s already taken a 33% market share in its first year of shipping the libraries. HP currently ships its own Automated Tape Library drives. Over the last year it’s signed OEM deals with Bull, ICL, Imation, NCR, Pyramid, Unisys and Xerox. Currently the systems only work with Unix servers – Windows NT versions must wait for the release of NT 5.0.

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