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Quantum Corp

BUSINESS
November 22, 2001 | Bloomberg News
A California entrepreneur persuaded a federal judge to dismiss insider-trading charges brought after he profited from information he overheard at a club for corporate presidents. U.S. prosecutors in January said Keith Joon Kim learned in March 1999 about Quantum Corp.'s negotiations to acquire Meridian Data Inc. Kim was on a private plane en route to a Colorado retreat for the Young Presidents Organization, a group for company presidents under 50.
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BUSINESS
May 20, 1998 | P.J. HUFFSTUTTER, TIMES STAFF WRITER
Reacting to more demands to preserve computer data, disk-drive powerhouse Quantum Corp. said Tuesday that it will buy Irvine-based ATL Products Inc. for about $300 million in stock. ATL makes automated tape libraries, or systems used for archival and backup storage of network computer data. "It's a very fast-moving industry, and it makes a lot of sense for these two companies to get together," said Neil Cooper, an analyst with Cruttenden Roth Inc.
BUSINESS
May 20, 1998 | P.J. HUFFSTUTTER, TIMES STAFF WRITER
Reacting to more demands to preserve computer data, disk drive powerhouse Quantum Corp. said Tuesday that it will buy Irvine-based ATL Products Inc. for about $300 million in stock. ATL makes automated tape libraries, or systems used for archival and backup storage of network computer data. "It's a very fast-moving industry, and it makes a lot of sense for these two companies to get together," said Neil Cooper, an analyst with Cruttenden Roth Inc.
BUSINESS
December 11, 1997 | From Reuters
Two of the biggest computer disk drive companies--Seagate Technology Inc. and Quantum Corp.--sent out distress signals Wednesday, confirming that the industry faces a serious glut. Seagate, the world's biggest disk drive maker, said it will close a drive manufacturing plant in Clonmel, Ireland, and lay off 1,400 workers there. Quantum, the No. 2 disk maker, warned investors that its third-quarter earnings will be less than half as much as Wall Street has forecast.
BUSINESS
April 28, 1992 | ANNE MICHAUD, SPECIAL TO THE TIMES
Stephen Berkley likes to talk about how fast his business is. A deadline every minute, he says. Still, Quantum Corp., the Milpitas-based disk-drive maker, insists on speeding things up. Not long ago, for instance, the company succeeded in reducing how long it takes to turn an idea into a product on the shelf. In the past, it took 18 to 30 months, said Berkley, Quantum's chairman. Now the company is working in the 12- to 14-month range.
BUSINESS
May 1, 1990 | TERESA WATANABE, TIMES STAFF WRITER
The secret of why Quantum Corp. is the most productive computer products company in California is immediately evident in its new factory: 11 robots. They insert screws and torque them for the San Francisco Bay Area disk drive maker. They place clamps and thin film into the data storage units. They leave only the most intricate work to the factory's 50 humans, such as soldering microscopic wires.
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