The Register reports that Overland Storage is on the ropes, as far as the Nasdaq as concerned. While delisting from the Nasdaq wouldn’t automatically be a killer sentence for Overland, it does point out the ongoing trend in storage – the consolidation of the marketplace to fewer vendors with larger market capitalisations able to survive the troughs of the current economic environment more readily.
This is a NetWorker blog, primarily, which means I’m somewhat affiliated in skill set and activities to EMC, but I continue to maintain that in storage, competition is King. Here’s hoping Overland can either turn themselves around, or that they’re not swallowed in such a way that their capabilities are lost forever.
