FalconStor Software provides data protection and storage virtualization solutions. In 2012, the company has agreed to pay $5.8 US million as part as a federal investigation settlement, after it has admitted that its employees gave more than $300,000 in bribes to executives at JPMorgan Chase with restricted stock shares and golf memberships in exchange for contracts. On July 23, 2013, Falconstor announced that it had named Gary Quinn as the President and CEO. He is still currently the CEO.
Fujitsu Ltd., commonly referred to as Fujitsu, is a Japanese multinational information technology equipment and services company headquartered in Tokyo, Japan. Fujitsu chiefly makes computing products, but the company and its subsidiaries also offer a diversity of products and services in the areas of personal computing, telecommunications, advanced microelectronics, and air conditioning. It has approximately 162,000 employees and its products and services are available in over 100 countries.
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