Storage Technology Corporation

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Storage Technology Corporation (StorageTek)
Type Subsidiary of Sun Microsystems
Founded 1969
Headquarters Louisville, Colorado
Key people Patrick J. Martin, Chairman, President & CEO
Eula Adams, Vice President, Global Services
Jon Benson, Vice President and General Manager, Automated Tape Solutions
Pierre Cousin, Corporate Vice President, Research, Development and Engineering
Nigel Dessau, Vice President and Chief Marketing Officer
Angel Garcia, Corporate Vice President, International Operations
Roger Gaston, Corporate Vice President, Human Resources
Robert Kocol,Corporate Vice President and Chief Financial Officer
Roy G. Perry, Corporate Vice President, Global Supply Chain Management
Brenda Zawatski, Vice President and General Manager, Information Lifecycle Management Solutions
Industry Computer hardware, software
Products data storage hardware and software, professional and support services
Revenue $2.2 billion USD (2004)
Employees ~7000 (2004)
Website http://www.sun.com/storagetek/

Storage Technology Corporation (StorageTek or STK) is a data storage technology company. Current StorageTek products 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. Competitors include EMC and Veritas.[1] Now a subsidiary of Sun Microsystems, Inc. and referred to as Sun StorageTek, StorageTek was headquartered in Louisville, Colorado, United States with manufacturing facilities in Ponce, Puerto Rico.

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[edit] Brief history

StorageTek was founded in 1969 by four former IBM engineers: Jesse Awieda, Juan Rodriguez, Thomas Kavanagh, Zoltan Herger. Storage Technology Corporation, which officially became known as StorageTek in 1983, originally challenged IBM's dominance in tape storage, expanded to compete in the printer business for more than a dozen years. In the 1970s, StorageTek launched its Disk Products division.

Plagued by a series of missteps that drained the company's cash, including a failed attempt to develop an IBM compatible mainframe, and an optical disk product line, the company filed for Chapter 11 in 1984.

New management invested in a automated tape library system that 'picked' tapes with a robot arm and stored them in a silo-like contraption in 1987. StorageTek emerged as a dominant player in the automated tape library market.

StorageTek has acquired a number of companies, including Documation (1980), Aspen Peripherals Corporation (1989), Network Systems Corporation (1995), and Storability (2005). These and other activities allowed StorageTek to expand operations in Ponce, Puerto Rico and Toulouse, France.

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.

[edit] Technology Milestones for StorageTek

  • 1970 - StorageTek releases its first product, the 2450/2470 tape drive.
  • 1971 - StorageTek introduces the 3400 tape storage device.
  • 1973 - StorageTek’s disk division is founded.
  • 1974 - StorageTek’s first 3600 tape drive ships.
  • 1975 - StorageTek ships the first 8000 Super Disk and announces the 8350 disk subsystem.
  • 1978 - StorageTek develops a solid-state disk.
  • 1984 - StorageTek files for Chapter 11 bankruptcy protection and focuses R&D on automated tape.
  • 1986 - StorageTek develops the first cached disk.
  • 1987 - StorageTek develops tape automation and emerges from Chapter 11.
  • 1994 - StorageTek introduces virtual disk.
  • 1998 - StorageTek introduces Flexline disk arrays.
  • 2001 - StorageTek introduces virtual networking.
  • 2002 - StorageTek introduces BladeStore, a disk array based on ATA disk technology.
  • 2003 - StorageTek introduces the EchoView data protection appliance, a disk-based appliance that eliminates the backup window.
  • 2003 - StorageTek introduces the StreamLine SL8500 modular library system.

[edit] Products

[edit] References

  1. ^ http://news.cnet.com/Buying-StorageTek-Suns-last-big-gamble---page-2/2100-1015_3-5729961-2.html?tag=mncol Sun buys StorageTek

[edit] External links

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