Sun grabs StorageTek for $4.1 billion

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Sun grabs StorageTek for $4.1 billion Tape vendor expands Sun's storage portfolio
By Bob Francis June 06, 2005			E-mail Printer Friendly Reprints Slashdot It!

Sun Microsystems acquired Storage Technology (StorageTek) for $4.1 billion in cash last week in a bid to bolster its ILM (information lifecycle management) strategy.

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