Al Shugart, the founder of Seagate Technology who was ousted as chief executive from the disk drive maker in 1998, has resurfaced at startup Shugart Technology (STI).
STI will develop hardware and software tools to field test storage systems, and the company claims that it will not compete with Seagate. Shugart will chair the company while the day-to-day running will be assumed by chief executive Rick Brechtlein.
The startup plans to release 18 software products within the next six months. The first tool, called FibreCalc, will be aimed at monitoring storage systems based on fibre channel infrastructure.
"We are very aware of the fact that in today's world, where storage is becoming centric to the business model, every business is dependent on their database. It's important to keep that asset up and running. Using that premise, we went out to develop an entire suite of software and hardware products," said Brechtlein.
Shugart's venture capital fund, Al Shugart International, has pumped $1m in the startup. "We are trying to do something productive within the network area, something tangible," said Shugart. "A lot of new companies that are starting up, like some of the dotcoms, have nothing tangible."
Shugart was voted out of Seagate two years ago after a $530m loss for its 1997 fiscal year. While working at IBM, Shugart was one of the inventors of the popular Winchester hard drive.
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