Summary
AdStar (an acronym for Advanced Storage and Retrieval) was a division of IBM that encompassed all the company's storage products including disk, tape and optical storage systems and storage software.
 | |
| Company type | Subsidiary |
|---|---|
| Industry | Data storage |
| Founded | 1992 |
| Defunct | 1995 |
| Fate | Restructured |
| Successor | IBM Storage Systems Division |
Key people | Ed Zschau, CEO |
| Parent | International Business Machines |
History edit
In 1992 IBM combined their Storage Products businesses comprising eleven sites in eight countries into this division.[1] On its creation, AdStar became the largest information storage business in the world. It had a revenue of $6.11 billion, of which $500 million were sales to other manufacturers (OEM sales), and generated a gross profit of about $440 million (before taxes and restructuring).[2]
To provide additional autonomy—thereby further encouraging OEM sales—IBM established AdStar as a wholly owned subsidiary in April 1993, with outsider Ed Zschau as Chairman and CEO.[2] To some observers this appeared to be an admission by IBM that the storage subsidiary no longer provided a strategic advantage by providing proprietary devices for its mainframe products,[2] and that it was being positioned to be sold off as a part of then the IBM chairman John Akers' business strategy. The replacement of Akers by Lou Gerstner in April 1993 changed the strategy from spinout to turnaround,[3] but the disk drive business under Zschau continued to be troubled, declining to $3 billion in 1995.[4]
Zschau left AdStar in October 1995, replaced by IBM insider Jim Vanderslice.[4] The AdStar division was dismembered thereafter; the AdStar Distributed Storage Manager (ADSM) was renamed Tivoli Storage Manager in 1999,[5] and the disk drive business component was sold off to Hitachi in 2003.[6]
References edit
- ^ "Rochester chronology". IBM Archives. International Business Machines Corporation. 2003. Archived from the original on January 5, 2019.
- ^ a b c Fisher, Lawrence M. (April 24, 1993). "I.B.M. Gives AdStar Storage Unit More Autonomy". The New York Times. p. A39. Archived from the original on November 9, 2012. Retrieved 2023-08-11.
- ^ Hof, Robert D. (May 10, 1993). "Ed Zschau Doesn't Fit Big Blue's Mold—And That's the Point". Bloomberg Businessweek. Bloomberg L.P. Archived from the original on January 28, 2021.
- ^ a b Abate, Tom (October 1, 1995). "Some Big Blue attitude". San Francisco Chronicle. Hearst Newspapers. Archived from the original on December 8, 2014.
- ^ Russel, Charlie; Sharon Crawford (2000). Microsoft Windows 2000 Server Administrator's Companion. Microsoft Press. p. 1371. ISBN 9781572318199 – via Google Books.
- ^ Aughton, Simon (June 6, 2002). "Hitachi buys IBM disk drive business". Expert Reviews. Dennis Publishing. Archived from the original on March 11, 2011.