Tricord Systems Announces OEM Agreement UK Company
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Tricord Systems, Inc. today announced an OEM agreement with United Digital, Ltd., a UK-based provider of fault tolerant RAID storage.
According to Tricord, United Digital will distribute and sell a network attached storage (NAS) product, Synchro VR NAS, featuring Illumina. The product will be marketed in Europe under the United Digital brand, with an Illumina co-brand. Financial terms of the agreement were not disclosed.
"The relationship between Tricord and United Digital will provide strong strategic benefits for both companies," said Joan Wrabetz, Tricord president and CEO. "United Digital will enable Tricord to broaden its reach by providing exemplary technical knowledge, marketing talent, and customer support in the burgeoning European market. Tricord's Illumina software will provide United Digital with a unique competitive advantage and enable the company to answer an important need in the marketplace for a scalable NAS solution."
"Tricord's patented clustering software provides a powerful basis for our new Synchro VR NAS product," said Paul Phillips, Managing Director of United Digital, Ltd. "Our clients are looking for cost-effective, fault-tolerant storage solutions, and our new relationship with Tricord will allow us to address this demand. The market for network-attached storage is growing rapidly in Europe, and we expect the Synchro VR will be very well received."