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Sun buys StorageTek for $4.1 billion

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dion

Posts: 5028
Nickname: dion
Registered: Feb, 2003

Dion Almaer is the Editor-in-Chief for TheServerSide.com, and is an enterprise Java evangelist
Sun buys StorageTek for $4.1 billion Posted: Jun 2, 2005 2:13 PM
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I was also a little surprised at the news that: Sun sheds $4.1bn for StorageTek.

The first thing that came to my mind was visualizing the proximity of the Sun Microsystems office in Broomfield, Colorado, and how StorageTek is just over the road.

There is also a golf course right next to both.... maybe the deal started there?

It is interesting to see Sun doing something with the estimated $7 billion that they had in liquid form. Putting it into StorageTek? Ok.

Read: Sun buys StorageTek for $4.1 billion

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