Seeking Alpha

Quantum Corporation (QTM)

  • Oct. 7, 2013, 2:05 PM
    • DealReporter states Quantum (QTM +5%) has has received a buyout offer, and has initiated a sale process in response.
    • Activist investor Starboard Value has reportedly been pressuring the low-end storage hardware/software vendor to evaluate ts options. Starboard took a double-digit stake in Quantum last year, and secured a board seat five months ago.
    | Comment!
  • Nov. 28, 2011, 10:39 AM
    CommVault (CVLT +7.9%) joins Quantum (QTM +7.1%) in taking off on speculation NetApp (NTAP +3.5%) might bid for the company. Though unlike Quantum, which sports a price/sales ratio of just 0.8, CommVault wouldn't come cheap: the storage software vendor, which has been taking share from Symantec (SYMC) in major enterprise accounts, has a trailing P/E of 51.
    | Comment!
  • Nov. 28, 2011, 8:10 AM
    Quantum (QTM) jumps 9.4% higher premarket after talk about an acquisition from NetApp (NTAP) picks up. Janney analyst Bill Choi says the competitive environment has pushed NTAP to the point it needs a "complete solution set" if it hopes to gain more customers.
    | Comment!
Visit Seeking Alpha's
QTM vs. ETF Alternatives
Company Description
Quantum Corp provides storage, archive and data protection solutions for capturing, sharing, and preserving digital assets over the entire data lifecycle.
Sector: Technology
Country: United States