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http://www.macnn.com/articles/01/03/20/onstream:.european/

OnStream: European operations continue

updated 10:20 am EST, Tue March 20, 2001

 
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European Mac news site MacGeneration passed along a clarification on the recent closure of OnStream: "In fact, only the US Offices have ceased operations, OnStream (A spin-off of the Holland Based company Philips Electronic) will continue to support and build the whole line of products from its European base in Holland."


by MacNN Staff

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    no surprise here

    i reluctantly manage the tape backup system on a peecee network at the office. when i was having trouble with the onstream software properly writing to their own tapes, the voice on the other end of the phone told me that Retrospect was probably a better choice of software....

    there was an uncomfortable silence for a second. i said thank you and hung up??!?

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    Not necessarily...

    The Denver Post has an article in today's paper that disagrees with this:

    http://www.denverpost.com/business/biz0320b.htm

    A quick excerpt:

    Longmont-based OnStream Inc., a spinoff of Dutch giant Philips Electronics, has closed its doors due to high overhead costs and a lack of new financing.

    The 3-year-old company, which made desktop tape drives for storing computer data, let go its 65 employees in Longmont and roughly 200 in the Netherlands on Friday after final efforts to raise new capital fell short.

    Calls to OnStream's main number are now answered by a short recorded message: "OnStream has ceased operations. No further calls will be accepted."

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