Drobo and StorCentric file for Chapter 7 bankruptcy.

1 min read
Source: Ars Technica
Drobo and StorCentric file for Chapter 7 bankruptcy.
Photo: Ars Technica
TL;DR Summary

StorCentric, the holding company for Drobo and Retrospect, has reportedly filed for Chapter 7 bankruptcy, indicating a shift from reorganization to liquidation. Drobo had already stopped sales and support in January 2023, transitioning to a self-service model. The company, which began in 2005 as Data Robotics, was known for its "storage robot" that allowed for hot-swapping drives of nearly any size without migrating data. However, the rise of cloud storage and streaming media, as well as a trend away from local file storage, likely contributed to Drobo's decline.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

2 min

vs 3 min read

Condensed

78%

40888 words

Want the full story? Read the original article

Read on Ars Technica