QTM Quantum Corp. gains 21% Aug 28, 2020

Quantum Corporation provides scale-out storage, archive, and data protection solutions for small businesses and multi-national enterprises in the Americas, Europe, and the Asia Pacific. The company offers StorNext 5 software and hardware that offer file sharing and archiving in purpose-built configurations of metadata controllers, expansion appliances, and disk and archive enabled libraries; Xcellis product, which optimizes workflow and shared access by combining functions into a compact, space, and energy-saving solution; and Lattus Object Storage solutions that enable high volumes of data to be available to extract valuable information. It also offers Q-Cloud Archive services for various applications, including using the cloud as a tier for archive storage within StorNext storage environments; StorNext AEL archives products, which provide near-line archiving with built-in data protection and self-healing capabilities; and Q-Cloud Vault services. In addition, the company's data protection solutions comprise DXi disk systems that use deduplication technology to increase the amount of backup data; Q-Cloud Protect for off-site disaster recovery storage; Scalar Tape Automation Systems, which manage and protect business critical data in workgroup, medium size business, and enterprise data center environment; SuperLoader3 autoloader designed to maximize data density and performance; and iLayer, which offers monitoring, alerts, and proactive diagnostics. Further, it provides device and media products, such as removable disk drives and libraries, tape drives, and storage media. The company sells its products through a network of distributors, value-added resellers, direct marketing resellers, original equipment manufacturers, and other suppliers, as well as directly to corporate entities and government agencies. Quantum Corporation was founded in 1980 and is headquartered in San Jose, California.http://www.priceseries.com/trade/QTM-Quantum-Corp-stock-gains-21-percent-a-Trade-Record-by-priceSeries-2020080320200828.html