History (1990): StorageTek Expands OEM Pact With EMC to Resell Mainframe Memory Boards for IBM 3090 and 3080-Class Machines
In deal evaluated at $100 million
By Jean Jacques Maleval | November 11, 2019 at 1:41 pmStorage Technology Corp. (Louisville, CO) is expanding its OEM pact to own the exclusive rights to resell EMC Corp’s mainframe memory boards for IBM 3090 and 3080-class machines in a deal evaluated at $100 million over the next three years.
This agreement expands the relationship between the two partners. Since last year, StorageTek has been marketing the 4080, a solid-state drive manufactured by EMC (Hopkinton, MA).
This article is an abstract of news published on the former paper version of Computer Data Storage Newsletter on issue ≠25, published on February 1990.