TidalWire Inc. and McDATA Corporation announced terms of an agreement whereby TidalWire will acquire McDATA's Host Bus Adapter business, effective June 1, 2002. The strategic relationship between the two companies leverages McDATA's SAN hardware, software management and support with TidalWire's HBA fulfillment and support capabilities.
Under the terms of the agreement, McDATA will outsource its Host Bus Adapter business to TidalWire and has appointed TidalWire as its provider of HBA services worldwide. McDATA previously managed customer HBA requirements internally.
"McDATA chose TidalWire to fulfill its future HBA requirements based on TidalWire's lengthy experience with storage area network products, distribution and its worldwide support and logistics infrastructure," said John Kelley, president and chief operating officer, McDATA. "Outsourcing future HBA services to TidalWire allows McDATA to focus on its core products, while continuing to provide best-in-class solutions to our customers. McDATA is confident that TidalWire will provide customers with world-class HBA sales, fulfillment and technical support."
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