Quantum Corporation

Quantum Corporation (Quantum) is a US-based storage company engaged in offering a broad range of disk, tape, and software solutions. The company supplies and delivers storage, backup, recovery, and archive solutions. The products of the company are sold to original equipment manufacturers (OEMs), and branded channels such as Hewlett Packard Company, Sun Micro systems, Dell, and International Business Machines Corporation. The products of the company are divided into disk based backup systems and data management software, devices and media, and tape automation systems. Quantum`s product portfolio includes disk based backup solutions, autoloaders, disk based backup solutions, tape libraries, and tape devices, and software. The company has its presence across Europe, North America, and Asia. Quantum is headquartered at San Jose (California), the US.The company reported revenues of (U.S. Dollars) USD 808.97 million during the fiscal year ended March 2009, a decrease of 17.09% from 2008. The operating loss of the company was USD 329.93 million during the fiscal year 2009, as compared to an operating loss of USD 8.10 million during 2008. The net loss of the company was USD 358.26 million during the fiscal year 2009, as compared to a net loss of USD 60.23 million during 2008.