Sun acquiring StorageTek

Posted by Bill Bradford on Jun 2, 2005

Sun is acquiring StorageTek in a deal worth approximately $4.1 billion.

3 responses to “Sun acquiring StorageTek”

  1. Dave Taylor says:

    Nice pointer to the Sun press release, but I think it’s more interesting to ask the question of what’s in this for Sun. I realize that this is a good deal for StorageTek but I’m not at all sure that this helps Sun move into the 21st century.

    Here are my thoughts on this:

    http://www.intuitive.com/blog/the_sun_shines_on_louisville_as_sun_micro_buys_storagetek.html

  2. bill says:

    Ah why would Sun buy StorageTek — not so hard to understand. Sun wants to use StoargeTek products with their Cobalt line of servers.