This topic was created by Chris Mellor 1.
Options for Quantum - exiting tape?
With activist investor Starboard Value popping up out of the blue and claiming it owns 15.6 per cent of Quantum's shares and therefore wants a seat on the board and advice proffered about how to raise Quantum's share price taken seriously, what should Quantum do, and what would Starboard Value's advice be?
One suggestion is that Quantum could sell off its Scalar tape library business and exit the tape business altogether. This could enable it to pay off a lot of debt and stop making, presumed, losses from its tape business.
Is tis a good thing to do?
Who might buy the tape business? HP, IBM, Oracle, Qualstar, SpectraLogic or Tandberg Data?
What would a Quantum tape exit do to the Linear Tape Open consortium?
Have at it :-)