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Maxtor Drops Network Storage Line
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Posted by: TotalRecall
Maxtor has decided to drop it's MaxAttach line due to a decrease in demand and low sales:
MILPITAS, Calif., August 15, 2002 — Maxtor Corporation (NYSE: MXO), a worldwide leader in hard disk drives, today announced it is discontinuing the manufacturing and sales of its MaxAttach(TM) branded network attached storage (NAS) products. The company will work with current NAS customers for an orderly wind down of the business, and it will continue to support end-users with installed MaxAttach products under existing contracts.
The press release is here.
Source: C|Net
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