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Exabyte Corp. 2108-55th Street Boulder, CO 80301 United States - Map Phone: 303-442-4333 Fax: 303-447-7501 Web Site: http://www.exabyte.com
DETAILS Index Membership: N/A Sector: Technology Industry: Data Storage Devices Full Time Employees: 162
BUSINESS SUMMARY Exabyte Corporation engages in the design, manufacture, and marketing of tape storage solutions worldwide. It offers information storage products, including tape drive and automation products, and recording media based on VXA packet drives, autoloaders, and tapes to read and write data in small, digital packets similar to the Internet. The company also provides and supports automated tape drive products that incorporate tape drives and multiple media cartridges. It sells tape storage, media, and automation solutions for workstations, midrange servers, and enterprise storage networks through a network of original equipment manufacturers, distributors, and resellers. The company was co-founded by Juan Rodriguez and Kelly Beavers in 1985 and is headquartered in Boulder, Colorado.
162 employees.......how many pennies can say that?
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Following the closing of the acquisition, the Company will retain certain liabilities owed to creditors; however, Exabyte is not expected to have any significant assets remaining for the payment of these obligations. In addition, subsequent to closing there will be no assets available for distribution to holders of the Company's Series AA preferred stock or its common stock. Exabyte intends to liquidate and dissolve immediately after the closing of the transaction.
That doesn't sound too good!
-------------------- It is better to be thought a fool than to speak and remove all doubt.
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