"Since management owns 50 percent of the stock, it's thinly traded," Feng says, noting that on a typical day, millions of shares of Veritas are bought and sold, while only tens of thousands of OTG shares change hands.
Company executives say that OTG isn't even in the same businesses as Veritas, which is primarily known for backup and data-protection wares. Instead, OTG's line of XtenderSolution software products is more closely tied to end-user applications and is designed to provide access and management of stored data across a wide range of network and storage gear.
"We're not in the backup arena, and we never will be," says William Caple, executive vice president for OTG.
Typical of OTG's product line is its SANXtender package, which the company says allows applications to read data directly from SAN devices, thereby lessening the load on application servers. There are also products that offer "virtual" management of disk space, as well as programs for accessing and managing video-based and optically stored data.
Historically, the company's products have been sold via resellers to small- or medium-sized businesses, which in turn are running servers with Microsoft Corp.'s (Nasdaq: MSFT) Windows NT or 2000 software. But in July, OTG expanded into the Unix and Linux markets by acquiring UniTree Software Inc. for a mix of stock and cash valued at $20 million.
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