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$100 M DEAL ON TAP
Adaptec's move last week to acquire Snap Appliance in a $100 million deal is expected to boost Adaptec's channel presence in a big way, executives of both companies and solution providers said.
Once the deal closes, Milpitas, Calif.-based Adaptee will become the No. 1 volume seller of NAS appliances, nearly all of which go through the channel, while keeping its marketshare lead in the storage component space, said Mark Pollard, Snap's vice president of marketing and business development.
The deal is expected to put Adaptec in the unique position of manufacturing a broad...