Sun Microsystems, looking to add market heft, is acquiring storage specialist StorageTek in a deal worth $4.1 billion, the companies said Thursday. The deal will give Sun a greatly expanded storage ...

Sun's $4.1 billion buyout of StorageTek is a huge bet: It's the last cash deal that size Sun will be able to make. Stephen Shankland worked at CNET from 1998 to 2024 and wrote about processors, ...

Getting your Trinity Audio player ready... Santa Clara, Calif. – Server maker Sun Microsystems Inc. completed its $4.1 billion acquisition of Louisville’s Storage Technology Corp. on Wednesday as it ...

Getting your Trinity Audio player ready... Sun Microsystems Inc. will pay $4.1 billion in cash for venerable Storage Technology Corp. in the state’s biggest technology deal since the dot-com era’s ...

It's a big day here in the Denver metro area. Tape-drive pioneer StorageTek (NYSE:STK), a longtime resident of the Boulder suburb of Louisville, agreed this morning to be bought by Sun Microsystems ...

StorageTek unveiled a tape device for midsize businesses on Wednesday, amid signs that tape is preserving a place in data storage. The tape back-up specialist also introduced software for monitoring ...

LOUISVILLE, Colo. - Data storage company StorageTek has officially entered the physical security market, providing systems integrators with the ability to store large amounts of digital information ...

With the introduction of StorageTek LTO 6 Tape Drives, Oracle now offers customers both the latest generation of LTO midrange tape drive technology and the industry's highest capacity enterprise tape ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Patrick Martin, chief executive officer of StorageTek ...

Pursuing a share of the growing market for disaster recovery storage products and services, Storage Technology Corp. said on Wednesday that it’s negotiating with a number of potential telco partners ...

Martin LaMonica is a senior writer covering green tech and cutting-edge technologies. He joined CNET in 2002 to cover enterprise IT and Web development and was previously executive editor of IT ...

Expanding its reach in the growing data storage market, server and software maker Sun Microsystems Inc. agreed Thursday to purchase Storage Technology Corp. for $4.1 billion in cash. Subscribe to read ...