M&A Deal Summary

Sun Microsystems Acquires Storage Technology

On August 31, 2005, Sun Microsystems acquired technology hardware company Storage Technology for 4.1B USD

Acquisition Highlights
  • This is Sun Microsystems’ 5th transaction in the Technology Hardware sector.
  • This is Sun Microsystems’ largest (disclosed) transaction.
  • This is Sun Microsystems’ 26th transaction in the United States.
  • This is Sun Microsystems’ 2nd transaction in Colorado.

M&A Deal Summary
Date 2005-08-31
Target Storage Technology
Sector Technology Hardware
Buyer(s) Sun Microsystems
Deal Type Add-on Acquisition
Deal Value 4.1B USD

Target

Storage Technology

Louisville, Colorado, United States
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.

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Buyer(S) 1

Buyer

Sun Microsystems

Santa Clara, California, United States
Category Company
Sector Technology Hardware
DESCRIPTION

Sun Microsystems, Inc. was a company that sold computers, computer components, computer software, and information technology services and that created the Java programming language, and the Network File System.

DEAL STATS #
Overall 30 of 39
Sector (Technology Hardware) 5 of 5
Type (Add-on Acquisition) 30 of 39
State (Colorado) 2 of 3
Country (United States) 26 of 32
Year (2005) 5 of 5
Size (of disclosed) 1 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-08-25 SeeBeyond Technology

Monrovia, California, United States

SeeBeyond Technology Corp. is a provider of business integration software worldwide. SeeBeyond’s software enables the real-time flow of information within the enterprise and among customers, suppliers, and partners. Its Integrated Composite Application Network suite provides a process-driven integration platform, which offers composite application network suite for integration and composite application solutions encompassing application-to-application integration, business-to-business integration, and business process management with human work flow, portal, extract transfer and load, business activity monitoring, and composite application development capabilities.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-03-27 Aduva

Sunnyvale, California, United States

Aduva, Inc. is a provider of heterogeneous knowledge and analysis capabilities and technology for managing software update needs and compliance risk in the enterprise.

Buy -
Mergr

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