Stratus Technologies

Stratus Technologies

Stratus Technologies, Inc. is a major producer of fault tolerant computer servers. 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. Stratus Technologies, Inc. is a privately held company, owned primarily by Intel Capital, NEC, MidOcean Partners and Investcorp. The parent company, Stratus Technologies Bermuda Holdings, Ltd., is incorporated in Bermuda.

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 Olivetti under CPS/32 brand. Then, from 1985 to 1993, its computers were resold by IBM under the IBM System/88 brand. The company is now based in Maynard, Massachusetts.