Beware Seagate and Western Digital, Iomega is on the come-back!
Speaking yesterday at EMC’s Innovation, Information and Security Summit held at the company’s Silicon Valley headquarters in Santa Clara, Iomega CEO, Jonathan Huberman (pictured), predicted a massive consolidation of the consumer portable storage market (think USB hard drives), with only a handful of companies surviving in this cut-throat market largely dominated by the disk drive makers themselves.
“There’s only a handful of companies in this market that can invest as much as we do in R&D and marketing. The disk drive makers are investing a lot in improving aerial density not really in design, packaging, etc.”, explains Huberman.

Posted by TechPulse 360