LTO Tape Drive Sales Increased 15 Percent in 2007
June 24, 2008 Alex Woodie
|
Total shipments of LTO drives increased 15 percent last year compared to 2006 and accounted for more than $883 million in sales, according to recent data released by IDC. The solid year of sales boosted LTO’s lead over other competing tape technologies, although 2007 was a good year for all midrange technologies, according to the group. The LTO Consortium was founded in 2000 when IBM, Hewlett-Packard, and Seagate Technology‘s Certance division partnered on the first generation of LTO gear. IBM, HP, and Quantum (which acquired Certance in 2005), pushed the capacity and the speed of LTO |


