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The idea was that PAG would broaden the company's product range and help Ford ride out the ups and downs in the mass-produced part of the car business.
ECONOMIST: Ford
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The company's product line features a range of high-performance, cost-effective, and reliable desktop and rackmount RAID storage solutions ranging from two- and four-drive and SSD RAID units, to 8- and 16-drive solutions with advanced RAID controllers, to 16-drive, 16-port, 8Gb Fibre Channel shared storage systems that are expandable to 384 TB.
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Company is seeking alliances to broaden its product range as profits slip.
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Besides opening new branded stores, the company has also been busy expanding its product range, moving into both a bath-and-body line, perfumed essential oils and Italian hand-made leather goods.
CNN: STORY HIGHLIGHTS
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He added that the company was continuing with its plans to develop and expand its product range.
BBC: Truck maker plans to axe 88 jobs
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That's not all, though -- the company is also announcing comprehensive support for Android across much of its product range, which seems like a pretty prudent business decision all things considered.
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Simple Audio's world-class engineering and product development teams will continue to develop and market the company's range of music streaming products from its offices in Glasgow, Scotland.
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The company acquired Hitachi GST in 2012, which brought a range of enterprise SSD product lines.
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An engineer, he joined the company in 1978 and got the top job three years ago after helping to mastermind strategies to expand HD's product range by small acquisitions.
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