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Mr. Kenny, the chief financial officer, said that the company was no longer making large acquisitions and that it would invest in digital archiving services to preserve corporate e-mail messages and to back up computer systems.
The company, a maker of software used to back up computer data, said it had to defer $19 million in revenue until 2000, leading to the restatement and the fourth-quarter profit shortfall.
Correction: May 15, 2000, Monday The State of the Art column in Circuits on Thursday, about the need to back up computer files, invoked a 1777 aphorism from Samuel Johnson incorrectly.
ADI has what many consider to be the strongest brand in automated data storage tape libraries that are used to back up computer networks and archive information.
Similar(56)
Most shared storage systems come with software to automatically back up computers connected to the network.
Google says Chromebooks will attract corporate technology buyers because Google automatically updates the Chrome operating system over the Internet and there is no need to back up computers because if they are lost or ruined, all the data exists online.
Backing up computer files is important.
The same holds true for backing up computer files.
An article in Circuits on Feb. 26 about devices for backing up computer data overstated the Macintosh compatibility of software shipped with the Maxtor OneTouch and the Western Digital Media Center.
Companies in many industries are facing higher insurance costs and are devoting large amounts of money to security and backing up computer operations.
Business 2.0, the technology-aware magazine published by Time Inc., periodically reminds readers of the importance of backing up computer files.
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