Train wreck in slow motion
Keep up the good work. I've been following this story, and am likewise curious where it will end.
Thanks Reg.
Adaptec has replaced its dismissed world-wide sales VP John Noellert by promoting Jared Peters. Peters is a 16-year Adaptec veteran, and was the VP for international sales. This is the first executive-level appointment made by Adaptec since Steel Partners took control of its board a few weeks ago. At that time, Adaptec's CEO …
If anything it sounds like a sale to Intel is in the works. If anything they are leaning things out and trying to increase sales. Adaptec has become increasingly irrelevant and that would be due to substandard performance/price ratios. If you're going to charge top dollar, then the performance of your products had better be there, otherwise the freight train that is your competitors will run over you at high speed and not look back at the cloud of dust they left you in.