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Company type | Private |
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Industry | Information Technology |
Founded | 1980 |
Products | fault tolerant computer hardware and software |
Website | Stratus.com |
Stratus Technologies, Inc. is a major producer of fault tolerant computer servers and software. The company was founded in 1980 as Stratus Computer, Inc. in Natick, Massachusetts, and adopted its present name in 1999. The current CEO and president is Dave Laurello. The founder of Stratus was Bill Foster. He served as CEO until Stratus was acquired by Ascend Communications in 1999. Prior to 2022, Stratus Technologies, Inc. was a privately held company, owned solely by Siris Capital Group. The parent company, Stratus Technologies Bermuda Holdings, Ltd., was incorporated in Bermuda. In 2022, the company was acquired by Smart Global Holdings (SGH) and currently operates within SGH's Intelligent Platform Solutions (IPS) business.
Stratus Computer was a Marlborough, Massachusetts, based producer of fault-tolerant minicomputers. It competed with computers from Tandem Computers and to a lesser extent Digital Equipment Corporation's VAX.
Starting in 1983, its computers were resold worldwide by Stratus' own sales force as well as partners such as Olivetti under the CPS/32 ("Continuous Processing System") brand.[1] Then, from 1985 to 1993, its computers were resold by IBM under the IBM System/88 brand.[2][3] The company is now based in Maynard, Massachusetts.