Sun Microsystems is shuffling around some things around the StorageTek division by switching from Bell Microproducts to Arrow Electronics’ MOCA division to move its product.
Sun Plans To Burn The Competition By Buying StorageTek
The boards of Sun Microsystems and Storage Technology Corporation or StorageTek have both approved a deal for Sun to buy StorageTek for $37 per share in cash, adding up to about $4.1 billion.
Sun Sets On StorageTek Deal
The $4.1 billion USD acquisition of the storage solution company creates a single computing and data management company.