Sun Microsystems Inc. will acquire Storage Technology Corp. in a deal valued at about $4.1 billion. Sun Microsystems’ decision to buy Storage Technology Corp. in a deal valued at about $4.1 billion ...

In an effort to resurrect its languishing business, computer hardware and software maker Sun Microsystems announced yesterday a $4.1 billion acquisition of Storage Technology. While StorageTek, which ...

In recent months, both firms have been acquiring their respective ways to more advanced storage technologies primarily in the area of tape and archival storage. The firms also said they will examine ...

Sun Microsystems finalized its $4.1 billion acquisition of Storage Technology (StorageTek) on Wednesday, shortly after the data management company’s shareholders voted their approval. Sun paid $37 per ...

Mark Canepa, newly appointed to lead Sun Microsystems' storage business, hopes the strategy Sun used to vanquish server rivals will work in his new job as well. Stephen Shankland worked at CNET from ...

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. StorageTek shares ...