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Software maker FalconStor goes public

FalconStor, a Melville, N.Y., company that sells software to make data storage systems more useful, has become a publicly traded company through a reverse merger with Network Peripherals, the company said Thursday. FalconStor will trade on the Nasdaq market under the symbol FALC. FalconStor's software, IPStor, released in the second quarter of 2001, lets administrators unify pools of storage devices into larger virtual storage systems. The software enables features such as backup or mirroring of data on different storage systems.

Stephen Shankland Former Principal Writer
Stephen Shankland worked at CNET from 1998 to 2024 and wrote about processors, digital photography, AI, quantum computing, computer science, materials science, supercomputers, drones, browsers, 3D printing, USB, and new computing technology in general. He has a soft spot in his heart for standards groups and I/O interfaces. His first big scoop was about radioactive cat poop.
Expertise Processors, semiconductors, web browsers, quantum computing, supercomputers, AI, 3D printing, drones, computer science, physics, programming, materials science, USB, UWB, Android, digital photography, science. Credentials
  • Shankland covered the tech industry for more than 25 years and was a science writer for five years before that. He has deep expertise in microprocessors, digital photography, computer hardware and software, internet standards, web technology, and more.
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Stephen Shankland
FalconStor, a Melville, N.Y., company that sells software to make data storage systems more useful, has become a publicly traded company through a reverse merger with Network Peripherals, the company said Thursday. FalconStor will trade on the Nasdaq market under the symbol FALC.

FalconStor's software, IPStor, released in the second quarter of 2001, lets administrators unify pools of storage devices into larger virtual storage systems. The software enables features such as backup or mirroring of data on different storage systems.