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TEGILE SYSTEMS

Acquired by WD

Is this your company?

Tegile: Going out of business - must liquidate!!! - Anonymous employee TEGILE SYSTEMS Employee Review

1.0
Oct 5, 2017
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

They give you a paycheck...

Cons

Have you ever driven by a furniture store and have seen a sign in its windows that says: "Going out of business - must liquidate!!!" Enter sad, sad Tegile. Tegile was recently "purchased" by WD. This was not a beneficial sale for Tegile or any of its investors (or existing customers, either). WD decided to take advantage of a dying company and buy their existing customers. Anyone that had purchased shares lost all their money since the stock of Tegile was worth absolutely nothing - actually worth less than the used gum under your shoe. Don't let the smoke and mirrors fool you. WD came in and took complete advantage of a company and its mgmt who didn't which way was up or down. Tegile was headed down the toilet with no more money in the bank. Sad to see such a promising technology fall to the demise of completely inept mgmt. and lack of confident decision making. There were so many opportunities for Tegile to take the path to success, but did not.

Explore other reviews about TEGILE SYSTEMS

5.0
Sep 9, 2021
Recommend
CEO approval
Business Outlook

Pros

Good people that cared to be there

Cons

Company got bought out last year by competition

5.0
Dec 5, 2014
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

After 20 years of working and startups, my best company experience to date! Incredibly fair and courteous CEO, leadership and HR. Only left to try things at "way" smaller scale. Would work here again in a second! In fact we will probably work together again. Very talented group of people. People here work, most of them can do work of 2-3 people as compared to other companies. If you are planning to chill or cruise, do not come to Tegile. Almost every single person is a team player and wants to help you. You will get a lot of leeway to execute on your goals once you prove yourself, especially at leadership levels. Exciting industry and space. Best product portfolio out of all storage companies. It has to be to sell! Tegile, at this scale has to be several time (multiple x) better than other companies already established in the market. Tegile is delivering on this promise with ever growing sales. Once even more recognition comes this multiple (x) will result in better margins and more revenue than completion. This is a no brainer for your career if you can get in. The bar is starting to be very high.

Cons

There is not a single negative thing about this company, CEO or the leadership. I only left because I wanted to have experiences for which this company is already too large and established. However the storage industry is very competitive with few big players which have been in the market for 30+ years. As member of Tegile team you will have to earn every single dollar of revenue. As the company grows this will also become easier.

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