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  6. Storage Technology Acquires Storability Software

M&A Deal Summary

Storage Technology Acquires Storability Software

On September 30, 2004, Storage Technology acquired software company Storability Software

Acquisition Highlights
  • This is Storage Technology’s 1st transaction in the Software sector.
  • This is Storage Technology’s 2nd transaction in the United States.
  • This is Storage Technology’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2004-09-30
Target Storability Software
Sector Software
Buyer(s) Storage Technology
Deal Type Add-on Acquisition

Target

Storability Software

Southborough, Massachusetts, United States
Storability Software, Inc. provides enterprise storage resource management solutions. The company offers Global Storage Manager that helps companies to measure and manage storage environments.

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Buyer(S) 1

Buyer

Storage Technology

Louisville, Colorado, United States
Category Company
Founded 1969
Sector Technology Hardware
Employees7,100
DESCRIPTION

Storage Technology Corp. is a design, manufacture, sale and maintenance of data storage hardware and software, as well as the provision of supporting services worldwide.

DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Massachusetts M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2004 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-07-01 Safeguard Interactive

Pittsburgh, Pennsylvania, United States

Safeguard Interactive is a provider of technology hardware products.

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