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Vendor HP
Exam Number HP2-K23
Exam Name Selling HP Storage Solutions
Questions 138 Q & A
Recent Update August 15, 2018
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HP2-K23 exam Dumps Source : Selling HP Storage Solutions

Test Code : HP2-K23
Test Name : Selling HP Storage Solutions
Vendor Name : HP
Q&A : 138 Real Questions

Selling HP Storage Solutions

Imation Buys Nexsan For $120M To reinforce Its SME enterprise Storage enterprise | killexams.com Real Questions and Pass4sure dumps

Some consolidation on this planet of commercial enterprise storage to kick off the new yr: the storage and records protection enormous Imation Corp. has got Nexsan business enterprise, a expert in disk-based mostly storage techniques, for $one hundred twenty million, with $105 million of that in cash and the remainder in publicly-traded Imation shares, according to a press release from the corporations.

The flow looks to be part of Imation’s efforts to rebuild its company around extra excessive-boom areas, as it comes off a very bad quarter of declining revenues in all of its current strains of enterprise.

Like many different startups within the business area, Nexsan became a hit story that a little bit flew beneath the radar. Nexsan competes in opposition t agencies like EMC and HP promoting storage notably to agencies in the small- and medium-company sector. It seems to have best raised $7.5 million in funding when you consider that being based in 2000. In 2011, it had revenues of $eighty two million with margins of over forty% on its products.

For Imation, which offers storage solutions both to enterprises and buyers, the deal will add eleven,000 shoppers to its books, and give it a lift in its company targeting the SMB section — a sector that has followed within the footsteps of greater corporations by means of increasingly desiring far off storage options for his or her information, a key area to target as company increase amongst larger organizations slows down and faces extra competitors from better players (like HP and EMC). As Mark Lucas, the president and CEO of Imation, puts it, Imation is “targeting markets with amazing boom rates.”:

“Our approach comprises focusing on the underserved SMB market with goal-constructed storage systems and home equipment,” he noted in a statement. “here's a market that Nexsan is aware of well.”

Investing in healthily-transforming into areas is an imperative for the time being for Imation: the company in Q3, on the conclusion of October, reported that its revenues have been $248.2 million, down 19.6% from Q3 2011, on the returned of lacking income expectations in “just about all traces of enterprise” and all regions, but with certain issues in the business’s natural media storage business — so one can have been disrupted massively by means of the huge upward thrust in decrease-can charge cloud-storage capabilities.

Imation also posted an adjusted working loss of $6.5 million: that covered a advantage in restructuring and different fees of $3.6 million, and a diluted loss per share of $0.17. except those expenses the loss would were $10.1 million.

One recent look of Nexsan in the news become in September, when it become named, along with Rackspace and others, in a patent lawsuit filed by using PersonalWeb and stage three over Github hosting. we're accomplishing out to the business to discover the latest traits if so. replace: Imation “wouldn't have any legal responsibility with admire to the case you reference,” an Imation spokesperson writes in an electronic mail, but she would not remark additional on even if the case has been settled or disregarded.

Nexsan, which is based in Thousand very well, California, employs about 200 americans across the U.S., UK and Canada. These personnel, led through CEO Philip Black, will all be becoming a member of Imation, the business says.

Imation Acquires Nexsan CorporationAcquisition further Strengthens Imation’s Tiered Storage and security solutions boom Platform, speeds up Strategic Transformation

OAKDALE, Minn.–(company WIRE)–Imation Corp. (NYSE: IMN), a global scalable storage and facts security company, has reached an important milestone in its strategic transformation. Imation these days announced that it has obtained privately held Nexsan® company, a Thousand okay, Calif.-primarily based provider of disk-based mostly storage programs. as the business continues to execute its approach, Imation is leveraging its deep records storage core, building a platform for long-time period increase and enhancing operating margins in excessive-boom facts storage and protection solutions markets.

“we are excited to have Nexsan turn into part of Imation”The acquisition of Nexsan brings to Imation a proven technology platform and a sturdy portfolio of disk-based mostly and hybrid disk-and-strong-state storage programs with greater than 11,000 present customers global. it's anticipated to enormously speed up Imation’s increase in the small and medium-sized enterprise (SMB) and dispensed business (SME) storage markets. Imation will give the Nexsan business with global scale and a well-known storage brand for international expansion. With SMBs and SMEs struggling to tackle their swiftly expanding statistics storage and administration wants, the combined Imation and Nexsan portfolio will offer consumers an attractive, expense / performance alternative to competitive choices.

The mixture money-and-stock transaction covered about $one zero five million in cash and three,319,324 Imation typical shares, the equal of approximately $15 million.

“Imation’s acquisition of Nexsan is an exhilarating subsequent step in our strategic transformation, which includes investing in growth systems in information storage and protection options, the place we are targeting markets with amazing growth quotes,” observed Mark Lucas, president and CEO of Imation. “Our method includes focusing on the underserved SMB market with intention-constructed storage methods and appliances. here is a market that Nexsan is aware of neatly. Nexsan’s management crew has grown this enterprise from beginning-up to greater than $eighty million, with effective gross margins. Nexsan is a a hit business it's addressing some of these days’s quickest turning out to be trends in storage, and we are joyful that its administration crew, together with CEO Philip Black, will join Imation. The combination of Nexsan’s products, technologies, and proficient groups with Imation’s international attain and infrastructure will be an excellent accelerator for our increase strategy in storage solutions,” concluded Lucas.

“we are excited to have Nexsan turn into part of Imation,” stated Philip Black, CEO of Nexsan. “Imation offers us the dimensions and international footprint to expand our company, whereas nonetheless retaining intact our award successful partner software, our potent administration team and personnel, and our imaginitive products and roadmap. We look ahead to working as a part of Imation to convey compelling options that meet the transforming into storage, archive and compliance requirements of businesses international. here's respectable news for Nexsan channel partners, personnel and consumers.”

Nexsan’s 2011 revenues had been $eighty two million and are continuing to grow, with gross margins within the 40 % latitude. This acquisition is anticipated to be automatically accretive to Imation’s EBITDA.

about 200 employees, based mostly in the U.S., U.okay. and Canada, have joined Imation with this acquisition. The Nexsan enterprise will proceed to function within Imation from Nexsan’s existing headquarters in Thousand alright, Calif., under latest management. Integration and global growth actions between Imation’s Tiered Storage and security options business and Nexsan will be determined in first quarter 2013.

Imation Schedules Fourth Quarter 2012 economic effects conference call

Imation also introduced that it is scheduled to release the enterprise’s fourth quarter 2012 financial results on Wednesday, February 13, 2013 at 6:00 a.m. crucial time. A teleconference for the monetary neighborhood and a reside webcast are scheduled from 9:00 to 10:00 a.m. relevant time.

The are living webcast of the teleconference might be attainable on the web at www.imation.com or www.streetevents.com. A replay of this webcast can be obtainable at both of these web sites through Friday, February 22, 2013. A taped replay of the teleconference will even be available beginning at 11:00 a.m. principal time, February 13, 2013 until eleven:00 p.m. principal time February 22, 2013 through dialing (855) 859-2056 or (404) 537-3406 (conference identity #64544023).

All remarks made throughout the teleconference can be present on the time of the name and the replay will not be up to date to reflect any subsequent trends.

About Imation Corp.

Imation (NYSE: IMN) is a global scalable storage and facts safety enterprise. The enterprise’s portfolio comprises tiered storage and safety offerings for business and items designed to manipulate audio and video suggestions in the domestic. Imation reaches valued clientele in more than one hundred international locations through a powerful global distribution community and neatly recognized manufacturers. additional info about Imation is purchasable at www.imation.com.

About Nexsan

Nexsan® is a number one issuer of statistics storage programs with more than 33,000 methods installed at eleven,000 customers worldwide. Nexsan’s pioneering Hybrid Storage techniques mix strong-state applied sciences, disk storage and advanced software to deliver radically new ranges of efficiency and skill at decrease can charge. The enterprise’s superior technologies allow agencies to optimize typical, digital and cloud computing environments for multiplied productiveness and company agility. The business promises its statistics storage methods through a world community of cloud provider providers, cost-delivered resellers and solution integrators. Nexsan is based in Thousand okay, Calif. For extra assistance, talk over with www.nexsan.com.


Overland Storage: BDT Lawsuit A doubtlessly large Win For Shareholders | killexams.com Real Questions and Pass4sure dumps

No outcomes found, are trying new key phrase!Overland Storage (NASDAQ:OVRL) launched litigation in opposition t BDT AG and BDT-solutions ... is a case of a probably massive win for shareholders with limited downside. If the case is not successful, share...

In Storage, Apple is Shining | killexams.com Real Questions and Pass4sure dumps

  • submit
  • Given the marvelous growth of iPod phenomenon and standard respectable fiscal fitness of Apple, it is effortless to overlook probably the most progress the business is making in the enterprise markets, specifically when it comes to storage. in response to some studies, Apple’s storage products were promoting like scorching croissants on a chilly Parisian morning and on the conclusion of “2nd quarter of 2005, the business had shipped 76 petabytes of storage.” The unhappy half is that Apple itself doesn’t maintain americans upto date on its progress in these markets.

    Robert Cox, vice president of research, who tracks the storage business for Gartner says that in 2004, Apple did about $seventy eight million in storage earnings and have been #12 ranked storage vendor on the planet, however with the aid of conclusion of 2005, Apple’s storage sales had been around $185 million. The business had moved into the tenth spot general. “they have got accomplished a very good job of selling into the small and medium enterprise market,” says Cox. (South Park uses Apple storage by the way.)

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    in keeping with his estimates, practically forty% o XServe RAIDs are related to non-Mac OS servers. “they're in a great and a becoming market, and have achieved a pretty good job of constructing a authentic and simple to make use of gadget from commodity accessories,” says Cox. The community connected storage enterprise is a $14.5 billion a 12 months company, and the $185 million doesn’t exactly seem to be that very a lot. Their excessive pleasant products, are enhanced priced compared to different name brand avid gamers corresponding to EMC, Dell, HP, solar and even web App.

    Do the mathematics: the gigabyte-per-dollar ratio of Xserve RAID is the superior in the world for Fibre Channel storage, and trumps most SCSI storage options as neatly. Xserve RAID offers up to 7TB of high-performance redundant storage at under $2 per gigabyte — a fraction of the can charge of storage from Dell, HP, sun or IBM.

    Cox thinks that company will proceed to do neatly in 2006 and may flow up a notch or two in the worldwide rankings. Apple, will have a tougher time, thereafter. It should transition from existing generation technologies such as SATA and embody SAScsi, a brand new architecture that may give Apple a huge leg-up towards fiber channel based storage instruments. i'm wondering why Apple shies faraway from prompting well within the storage and server markets.




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    HP2-K23 exam Dumps Source : Selling HP Storage Solutions

    Test Code : HP2-K23
    Test Name : Selling HP Storage Solutions
    Vendor Name : HP
    Q&A : 138 Real Questions

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