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| Type | Public (NASDAQ: STEC) |
|---|---|
| Industry | Semiconductor Storage (memory) Computer data storage Embedded Systems (Medical, Military, Government, Servers, Storage array, NAS, DAS and SAN) Solid-state drive Technology |
| Founded | March, 1990 |
| Headquarters | Santa Ana, California, USA |
| Number of locations | Six (USA, Italy, Malaysia, Japan, China, Taiwan) |
| Area served | Worldwide |
| Key people | Manouch Moshayedi, CEO Mark Moshayedi, President, COO, CTO Raymond D. Cook, CFO Mehrdad Komeili, CIO |
| Products | ZeusRAM(TM) SSD ZeusIOPS(R) SSD< Kronos(TM) PCIe SSA MACH16(TM) SSD MACH8(TM)/MACH8IOPS(TM) SSD MACH4 SSD Slim SATA Embedded SSD CFast(TM) Embedded SSD DRAM]] |
| Services | Solid-state drives Dynamic random access memory Flash memory PCI Express Computer data storage Ultra-Mobile PC Fibre Channel Serial Attached SCSI SATA PATA CompactFlash |
| Revenue |  $354.2 million USD (FY2009) |
| Employees | 1000 Worldwide |
| Website | www.stec-inc.com |
STEC, Inc. NASDAQ: STEC is a multinational company and a leader[1] in enterprise solid-state drive (SSD).[2] The company is headquartered in Santa Ana, California[3]
The company designs, develops, manufactures, and markets custom memory solutions based on flash memory and Dynamic Random Access Memory (DRAM) for its original equipment manufacturers (OEM) customers.[4]
The company's top customers are OEMs such as Compellent Technologies, EMC, Fujitsu, HDS, HP, IBM, LSI Corporation and Sun Microsystems.[4][5]
History
In 1990, Manouch Moshayedi and Mike Moshayedi started Simple Technology, Inc., a company which designed and sold computer memory modules.[6] Three years later, Mark Moshayedi joined the company.[6]
In 1994, Simple Technology bought Cirrus Logic’s flash controller operation, allowing the company to enter the flash memory business for consumer electronic devices.[6] In 1998, Simple Technology bought SiliconTech Inc., obtaining its business flash memory customer base and operation.[6] In 1999 they were first to market the 1GB Solid State IDE Storage Devices and SDRAM Modules and also first to market the 320MB Type II CompactFlash.
Simple Tech completed IPO and went public on September 26, 2000 under the ticker symbol of STEC. (Nasdaq: STEC).[7]
In the same year Simple Tech sold its consumer flash business to Fabrik Inc of San Mateo, and renamed itself STEC.[6] The company then focused on business flash memory products. At that point Mike Moshayedi resigned leaving Mark Moshayedi as president and chief operating officer and Manouch Moshayedi as CEO.[8] [6]
On March 20, 2007, Mark Moshayedi was promoted to President.[9]
In 2009, after announcing EMC as the sole customer of its ZeusIOPS enterprise SSDs, STEC sales reached the $1 billion dollar market cap milestone.[5]
Technology
STEC is a leading supplier of SSDs[2] and offers multiple storage interfaces to OEM customers.[10]The company makes flash drives from bought-in flash memory chips that are used in various applications for server and storage array manufactures.[6] STEC provides SSDs, Flash Memory, and DRAM to customers. The company has two primary product lines: the Zeus SSD and the MACH SSD family lines.
STEC’s Zeus SSD family line includes Zeus-IOPS SSDs and ZeusRAM SSDs. The Zeus-IOPS uses flash memory and the ZeusRAM uses NAND and DRAM for primary storage.[11][12]
The Zeus-IOPS family line is a market leader for array-based SSD because of the company’s OEM relationships with EMC, IBM, HDS and others.[11]
Zeus-IOPS Generation 3 performances are (on SLC and on 4GB/s FC interface): 120000 IOPS Read, 70000 IOPS Write, 70000 IOPS Random Read, 36000 IOPS Random Write, 380 MB/s Read Throughput (saturating the bus), 360 MB/s Write Throughput. [13] This is twice faster than the previous Generation 2. [14]
ZeusRAM SSDs’ leverage NAND flash and DRAM to provide low latency storage SSD for enterprises.[15]
The MACH SSD family includes MACH16 drives that are used by enterprise-class servers and handle up to 30,000 I/O’s per second.[16]
References
- ^ By Chris Mellor, The Register. “Pliant does MLC Flash.” September 8, 2010.
- ^ a b By Rich Castagna, SearchStorage. “The business of storage.” May 2010.
- ^ Bloomberg BusinessWeek. “STEC Profile.” September 20, 2010.
- ^ a b By Beth Pariseau, SearchStorage. “STEC Inc. CTO looks at the future of flash and solid-state drives.” August 17, 2009.
- ^ a b By Paul Shread, Enterprise Storage Forum. “STEC Has EMC to Thank for Its Rapid Growth.” August 4, 2009.
- ^ a b c d e f g By Chris Mellor, The Register. “There’s a lot of sizzle with this STEC.” June 17, 2008.
- ^ MSN Money. “STEC, Inc. MSN Fact Sheet.”
- ^ By Om Malik, GigaOm. “Fabrik to buy SimpleTech, get big fast.” February 11, 2007.
- ^ NewsBlaze. “STEC Promotes Chief Technical Officer and Chief Operating Officer Mark Moshayedi to President.”
- ^ By Beth Pariseau, SearchStorage. “LSI delivers Flash-based PCIe card with 6 Gbps SAS Interface.” March 16, 2010.
- ^ a b By Dave Raffo, SearchStorage. “STEC adds DRAM SSD for appliances; Violin launches MLC device for capacity.” September 20, 2010.
- ^ StorageNewsletter. “EMC With STEC for Enterprise Flash Drives.” January 14, 2008.
- ^ "http://stec-inc.com/downloads/Rev_StoragePerformance.pdf"
- ^ "http://www.theregister.co.uk/2009/08/12/stec_range_extension/"
- ^ By Chris Preimesberger, eWeek. “STEC Unveils Ultra-low Latency Storage SSD.” September 20, 2010.
- ^ By Lucas Merian, Computerworld. “STEC releases faster SSDs for data centers.” September 14, 2010.
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