Complete coverage: Sun Microsystems' acquisition of StorageTek

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Sun to acquire StorageTek for $4.1B

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

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Users, analysts weigh in on Sun/StorageTek deal

Sun Microsystems' decision to buy Storage Technology Corp. in a deal valued at about $4.1 billion could be good for both companies, users and analysts said this morning.

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Q&A: Sun's Mark Canepa on the StorageTek acquisition

Mark Canepa, executive vice president of the Network Storage Products Group at Sun Microsystems, will oversee the $4.1 billion buyout of Storage Technology Corp. and will likely lead that company once it becomes part of Sun.

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Analysis: Sun, StorageTek deal biggest in a big acquisition week

Sun Microsystems' planned buyout of Storage Technology Corp. is the biggest of several acquisition deals involving eBay, Citrix, McAfee and Lawson Software.

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Pre-deal commentary: Is Sun really setting?

According to columnist Steve Duplessie, there are several good reasons to believe — and disbelieve — that Sun is finally getting its storage act together.

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Sun/StorageTek deal could affect HP reseller pacts

Analysts said Sun's acquisition of StorageTek puts the tape vendor's reseller agreements with HP in jeopardy. But HP and StorageTek officials said the pacts will go on.

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Sun stakes rebound on StorageTek gambit

Users are hoping that Sun's planned $4.1 billion acquisition of Storage Technology Corp. will yield better products and services, but significant questions remain to be answered.

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Sun proposes to the princess of storage

Opinion: InfoWorld's Mario Apicella sees a rosy future for the Sun-StorageTek deal and a possibility that customers will get the best of both parties, as long as Sun never again underestimates the importance of storage.

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Sun/StorageTek? Remember: Most mergers fail

The news of the proposed Sun/StorageTek merger reminds me of the fact that post-merger studies show that most mergers & acquisitions are failures -- including, and especially, in the IT field. (Remember AT&T buying NCR?)

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What to do when IT vendors merge

Computerworld had a timely article in Monday's issue that's quite relevant to the Sun/StorageTek news: "When IT Vendors Merge." Lots of advice for IT managers on how to cope with the aftermath. But the first step is to figure out what sort of merger you're dealing with.

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$4.1 billion on StorageTek? What a waste

If I were a Sun Microsystems shareholder, I'd be mad as hell. The board decided it would be a brilliant idea to spend over $4 billion on a vendor with which Sun already has an OEM arrangement to get the storage technology it doesn't have the wherewithal to develop itself.

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Sun/STK a waste? Let's look at the numbers

OK, $4.1 billion is a lot of money, especially when it's actual cash. But why is Don Tennant so incensed about the Sun/StorageTek deal?


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A Good Deal for Sun?

As I read more and more pundits who are in full agreement, as they seem to be, that Sun Microsystems is overpaying for the wrong company, I think the deal to pay $4.1 billion for StorageTek will turn out to be a sweet one for Sun.

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