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Storage Technology Corporation
StorageTek no longer public traded (StorageTek), aka STC until about 1983, is a data storage technology company. Current StorageTek is a product line within Oracle focus on tape backup equipment and software to manage storage systems. New products include data retention systems, which they call information lifecycle management, or ILM. Now Owned by Oracle Corporation and referred to as Oracle StorageTek, StorageTek was headquartered in Louisville, Colorado, United States Today in 500 Oracle Parkway Redwood Shores, CA 94065.
==History ==
In 1969 four former IBM engineers: Jesse Aweida, Juan Rodriguez, Thomas S. Kavanagh, and Zoltan Herger, founded the Storage Technology Corporation, which officially became known as StorageTek in 1983. In the 1970s, StorageTek launched its Disk Products division. After a failed attempt to develop an IBM compatible mainframe, and an optical disk product line, the company filed for Chapter 11 bankruptcy protection in 1984. New management invested in an automated tape library system that 'picked' tapes with a robot arm and stored them in a silo-like contraption in 1987.
StorageTek has acquired Documation (1980), Aspen Peripherals Corporation (1989), Network Systems Corporation (1995), and Storability (2005). On June 2, 2005, Sun Microsystems, Inc. announced it would purchase Storage Technology Corporation ("StorageTek") for US$4.1 billion in cash, or $37.00 per share. On August 31, 2005, the acquisition was completed.
On January 27, 2010, Sun Microsystems, Inc. was acquired by Oracle Corporation for US$7.4 billion, based on an agreement signed on April 20, 2009.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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