OVRL on NASDAQ

Overland Storage

Logo: overlandstorage.com, Non-free logo, via Wikipedia5

Robotic tape library manufacturer, formerly known as Overland Data, based in San Diego, founded in 19801

Overland Storage Inc. was a manufacturer of data storage products, including tape, disk and NAS. It acquired Tandberg Data shortly before being acquired by Sphere 3D itself. The two subsidiaries were later rebranded under the common Overland-Tandberg brand.3 Its shares trade on NASDAQ under the symbol OVRL.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

1980Founded1

Compare with another stock.

  • TickerOVRL on NASDAQ1
  • Industryrecording medium1
  • HeadquartersSan Diego1
  • Websitewww.overlandstorage.com
  • Incorporated inCA6
  • Business address9112 Spectrum Center Boulevard, San Diego, Ca 921236
  • Filer categorySmaller reporting company6
  • Legal formINCORPORATED4
  • LEI549300KB4RS71E5OD3374
  • StatusInactive4
  • LEI statusRetired4
  • Registered addressC/O Corporation Service Company, 95833 Sacramento, United States4
  • Registered withSecretary of State, C10023784

Overland Storage Inc. was a manufacturer of data storage products, including tape, disk and NAS. It acquired Tandberg Data shortly before being acquired by Sphere 3D itself. The two subsidiaries were later rebranded under the common Overland-Tandberg brand.3

What it owns

What Overland Storage reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Buildings and improvements$2.1M8 Jun 30, 2014$08 Jun 30, 2013
Machinery and equipment$1.5M8 Jun 30, 2014$727.0K8 Jun 30, 2013+106.2%
Furniture and fixtures$148.0K8 Jun 30, 2014$79.0K8 Jun 30, 2013+87.3%
Leasehold improvements$1.3M8 Jun 30, 2014$563.0K8 Jun 30, 2013+128.8%
Construction in progress$1.1M8 Jun 30, 2014$419.0K8 Jun 30, 2013+161.3%
Property and equipment, before depreciation$7.4M8 Jun 30, 2014$3.5M8 Jun 30, 2013+109.5%
Accumulated depreciation$2.6M8 Jun 30, 2014$1.9M8 Jun 30, 2013+38.4%
Property and equipment, net$5.8M8 Jun 30, 2014$2.0M8 Jun 30, 2013+187.9%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$4.3M8 Jun 30, 2014$8.8M8 Jun 30, 2013−51.7%
Marketable securities, current$7.8M8 Jun 30, 2014$08 Jun 30, 2013

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$19.0M8 Jun 30, 2014$08 Jun 30, 2013
Intangible assets, net (excluding goodwill)$23.8M8 Jun 30, 2014$652.0K8 Jun 30, 2013+3547.9%
Indefinite-lived intangibles (excluding goodwill)$2.1M8 Jun 30, 2014$08 Jun 30, 2013
Finite-lived intangibles, gross$28.4M8 Jun 30, 2014$5.8M8 Jun 30, 2013+392.0%
Accumulated amortization$6.8M8 Jun 30, 2014$5.1M8 Jun 30, 2013+31.7%
Finite-lived intangibles, net$21.7M8 Jun 30, 2014$652.0K8 Jun 30, 2013+3225.8%

Inventory

ItemLatestA year beforeChange
Inventory, total$15.5M8 Jun 30, 2014$10.4M8 Jun 30, 2013+49.9%
Raw materials$4.8M8 Jun 30, 2014$3.5M8 Jun 30, 2013+36.4%
Work in process$875.0K8 Jun 30, 2014$857.0K8 Jun 30, 2013+2.1%
Finished goods$9.9M8 Jun 30, 2014$6.0M8 Jun 30, 2013+64.7%

The story

It was founded in 1980 as "Overland Data" in San Diego, California, and is a provider of data protection appliances for midrange and distributed enterprises. Overland’s products include NEO SERIES tape libraries, REO SERIES disk-based appliances with Virtual Tape Library (VTL) capabilities, Snap SAN storage area network-based appliances and SnapServer network-attached storage-based appliances. Overland sells its products through leading OEMs, commercial distributors, storage integrators and value-added resellers.

Overland originally manufactured IBM-compatible 9-track tape drives. In January 2000, Overland acquired Tecmar and its line of small system tape drives including the WangTek and WangDAT brands. Following smaller acquisitions of disk-based product lines (including startup Zetta Systems in 2005), in June 2008, Overland acquired Snap Server from Adaptec.

In January 2009, Eric Kelly, a board member since 2007 and the head of its recently acquired SnapServer NAS line, became CEO of Overland Storage. Other executive team changes in 2009 included Jillian Mansolf, formerly of Dell Inc., Maxtor and Data Robotics Inc., as the new vice president of worldwide sales and marketing; Geoff Barrall, formerly the CEO and founder of Data Robotics Inc. and BlueArc, as chief technology officer and vice president of engineering and Chris Gopal, most recently of Dell, as vice president of operations.

In February 2010, Overland debuted the latest in its SnapServer SAN line, Snap SAN S2000, the company's first iSCSI SAN. Later that month, Overland debuted LTO-5 technology across its NEO line of enterprise tape libraries, becoming the first company to offer the newer, faster tape technology to customers.

In mid-summer 2010, Overland opened the doors to a new Silicon Valley office in San Jose, California. In July 2010, Overland unveiled the SnapServer N2000, a block-and-file-level NAS or SAN package aimed at virtualized environments running VMware, Microsoft Hyper-V or Citrix XenServer. N2000 is integrated for Microsoft Windows and Unix and can scale up to 144 TB in a 2U form factor. Also in July, Overland unveiled the NEO 8000e, an enhanced version of the company's NEO 8000 series of enterprise tape libraries, that with LTO-5, scales up to 3 PB of capacity and has a data transfer rate of 24 TB per hour.

Timeline

2000 - Overland Data acquires Tecmar, a manufacturer of tape drives.

2002 - Overland Data renamed to Overland Storage.

2005 - Overland Storage acquires Zetta Systems, a small software developer, to grow disk-based backup business.

Read the full text

2008 - Overland Storage acquires SnapServer line-of-business from Adaptec.

2014 - Overland Storage acquires Tandberg Data with operations in Dortmund, Germany.

2014 - Overland Storage merges with Sphere3d.

2018 - Sphere3d spins off Overland Storage.

2025 - Tandberg Data liquidated

2025 - Overland Storage ceases operations

From Wikipedia’s article on Overland Storage, shared under CC BY-SA 4.0.7

Leadership

Who has led Overland Storage, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (22)

Products and brands

Current Products

SnapServer network-attached storage (NAS) and Snap SAN storage area network (SAN) are disk-based data storage from 1TB to hundreds of terabytes and are designed for remote offices, workgroups, departments, and distributed enterprises.

SnapSAN S5000

SnapSAN S3000

SnapServer N2000

Read the full text

SnapServer DX2

SnapServer DX1

SnapServer 410

SnapServer 210

REO Series: Disk-based backup and recovery

REO 4600

NEO Series: Tape backup and archive

NEO 8000e

NEO 4000e

NEO 2000e

NEO 400s

NEO 200s

NEO 100s

Legacy Products

NEO Series:

NEO 8000

NEO 4000 (OEM-ed by HP as MSL6060)

NEO 2000 (also HP MSL6030)

From Wikipedia’s article on Overland Storage, shared under CC BY-SA 4.0.7

Subsidiaries and ownership

Owners

From Wikidata.1

Former names

  • OVERLAND DATA INCDec 23, 1996 to May 21, 20026

Timeline

  1. Jan 29, 2009New chief executive Eric Kelly becomes CEO9
  2. Aug 14, 2007New chief executive Vernon A. Loforti becomes CEO10
  3. Dec 22, 2006New chief executive Scott McClendon becomes CEO11
  4. 1980Founded Founded1

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$3.3M 2020–2021
Money received by yearMoney received by year, 2020–2021: $3.3M in all. PPP loans $3.3M.$0$1M$2M$3M2020 · PPP loans: $2.1M20202021 · PPP loans: $1.2M2021
Figures by year
YearPPP loansTotal
2021$1.2M$1.2M
2020$2.1M$2.1M

PPP loans

Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA35. Matched to this company by name and state.

  1. Apr 10, 2020$2.1M PPP loan (first draw) from JPMorgan Chase Bank, National Association35To OVERLAND STORAGE INC., San Diego CA; $2.1M forgiven Jun 15, 2021
  2. Apr 11, 2021$1.2M PPP loan (second draw) from JPMorgan Chase Bank, National Association35To OVERLAND STORAGE INC., San Diego CA; $1.2M forgiven Jan 18, 2022

SEC filer profile

How Overland Storage is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGAROVERLAND STORAGE INC2
  • CIK0000889930
  • Employer ID (EIN)95-35352852
  • Filer statusSmaller reporting company2
  • Incorporated inCalifornia2
  • Fiscal year endsJune 302
  • Industry code (SIC)3572 Computer Storage Devices2
  • Business address9112 Spectrum Center Boulevard, San Diego, CA 921232
  • Phone85857155552
  • Shares outstanding17,690,908 as of Nov 6, 201436
  • Public float$20.1M as of Dec 31, 20138
  • On EDGAR sinceDec 23, 19962
  • Filings845 in all: 4 (254), 8-K (172), SC 13G/A (64), 10-Q (53), SC 13G (31), 3 (25), DEF 14A (20), 10-K (16)2
    All 48 form types

    CORRESP (15), DEFA14A (15), POS AM (15), 425 (14), UPLOAD (14), S-8 (13), S-8 POS (13), EFFECT (12), SC 13D/A (12), PRE 14A (7), S-3/A (7), S-1/A (6), S-3 (6), 424B3 (5), 8-K/A (5), CT ORDER (5), 10-K/A (4), 10-Q/A (4), 424B5 (4), SC 13D (4), 4/A (3), PRER14A (3), 10-K405 (2), 8-A12G (2), ARS (2), D (2), REGDEX (2), S-1 (2), 15-12G (1), 25-NSE (1), 3/A (1), 424B1 (1), 5 (1), 8-A12G/A (1), D/A (1), DEFM14A (1), NT 10-K (1), POS462B (1), PREM14A (1), SD (1)

  • Latest filingsAnnual report (10-K) Sep 24, 2014
    Quarterly report (10-Q) Nov 14, 2014
    Proxy statement (DEF 14A) Nov 7, 2014
    Latest 8-K (8-K) Dec 2, 2014

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36