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Quantum Storage Systems history
Quantum Storage Systems company history timeline
In late 1992, Quantum sales nearly came to an abrupt halt, as the company found itself unprepared to meet the demand for its products.
1993: Matsushita opens a plant in Ireland to supply Quantum in Europe.
Quantum acquired Digital Equipment Corp.'s disk drive business in July 1994 for $348 million, improving its position in the market for large capacity drives.
As of 1994, Quantum's continuing success depended on the development of its product line and its ability to bring these items to market in a timely manner.
Quantum posted a loss of $90 million in fiscal 1996.
1998: ATL, a tape-automation and library storage business, is acquired.
Quantum inaugurated a unique scheme that allowed investors to buy shares in the two lines of business separately via "tracking stocks," which were issued on the New York Stock Exchange in July 1999.
Network-attached storage (NAS) supplier Meridian Data was acquired in 1999.
HDD Group Sold in 2001
Since acquiring the tape drive business of Digital Equipment, Quantum's Colorado Springs operation had grown to occupy two buildings totaling almost 280,000 square feet and employing 1,700 people in mid-2001.
In September 2002, Jabil Circuit acquired Quantum's Malaysian facilities and was signed on as the company's new production partner.
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Quantum Storage Systems competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Rockpoint | 2003 | $7.1M | 102 | - |
| Lineage Logistics | 2012 | $740.0M | 7,200 | 608 |
| Seneca Medical | - | $1.8M | 35 | 34 |
| States Logistics Services | 1958 | $25.0M | 200 | - |
| Prime Distribution Services | - | - | - | - |
| Midwest Refrigerated Services | - | $3.6M | 350 | 23 |
| Bond Manufacturing | 1946 | $103.1M | 20 | - |
| Shippers Warehouse | 1901 | $470,000 | 10 | - |
| AMS Fulfillment | 2001 | $22.0M | 750 | - |
| CWC Logistics | 1971 | $120.0M | 650 | - |
Quantum Storage Systems history FAQs
Zippia gives an in-depth look into the details of Quantum Storage Systems, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Quantum Storage Systems. The employee data is based on information from people who have self-reported their past or current employments at Quantum Storage Systems. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Quantum Storage Systems. The data presented on this page does not represent the view of Quantum Storage Systems and its employees or that of Zippia.
Quantum Storage Systems may also be known as or be related to Quantum Storage Systems.