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Friday, June 3, 2005
Sun Acquires Storage Tek	(previous \| next)

Sun Microsystems today acquired Storage Technology for $4.1 billion. Storage Tek is a Colorado-based maker of data storage equipment. The probable reason that I noticed this transaction is its Colorado connection. Nonetheless, the acquisition must mean something interesting about the evolution of the IT sector -- a mainline server and software company buying a data storage company -- but I have no idea what. posted by Ray Gifford @ 1:56 AM \| Innovation Share \| Link to this Entry \| Printer-Friendly Post a Comment: Name: Email Address: URL: Comments:

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