StorageTek explained

StorageTek
(Storage Technology Corporation)
Founders:Jesse Aweida, Juan Rodriguez, Thomas S. Kavanagh, Zoltan Herger
Num Employees:~7,000 (2004)
Revenue:$2.2 billion USD (2004)
Products:Data storage hardware and software, professional and support services

Storage Technology Corporation (StorageTek or STK, earlier STC) was a data storage technology company headquartered in Louisville, Colorado.[1] New products include data retention systems, which it calls "information lifecycle management" (ILM).

Its remaining product line is now part of Oracle Corporation, and marketed as Oracle StorageTek, with a focus on tape backup equipment and software to manage storage systems.

History

In 1969 four former IBM engineers—Jesse Aweida, Juan Rodriguez, Thomas S. Kavanagh, and Zoltan Herger—founded the Storage Technology Corporation. The headquarters was in Louisville, Boulder County, Colorado.

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. Starting in 1987, new management invested in an automated tape library product line that "picked" tapes from a silo-like contraption with a robot arm. StorageTek emerged as a dominant player in that market.[2]

StorageTek acquired Documation (1980), Aspen Peripherals Corporation (1989), Network Systems Corporation (1995), and Storability (2005).

Storage Technology Corporation was officially renamed "StorageTek" in 1983.

Sun Microsystems

In June 2005, Sun Microsystems, Inc. announced it would purchase StorageTek for US$4.1 billion in cash, or $37.00 per share.[3] In August 2005, the acquisition was completed.

Oracle

On January 27, 2010, Sun was acquired by Oracle Corporation for US$7.4 billion.[4] The StorageTek product line was renamed "Oracle StorageTek".

Products

ST9990, ST9985, ST6540, ST6140, Iceberg, IBM RVA, SVA, BradeStor, FLX380, FLX280, FLX240, FLX210, D178, 9176, 9153, 9140, 9130

STC 2450, STC 2470, STC 3400, STC 3600, StorageTek 4670, StorageTek 4480, 4490, 9490, SD-3, 9840, T9840B, T9840C, T9840D, T9940, T9940B, T10000A, T10000B, T10000C, T10000D

4400, 9310, 9360, 9710, 9714, 9730, 9740, 9738, L20, L40, L80, L180, L700, L700e, L5500, SL500, SL3000, SL8500, SL150, SL4000

VSM1, VSM2, VSM3, VSM4, VSM5, VSM6

Product timeline

External links

Notes and References

  1. http://www.fundinguniverse.com/company-histories/storage-technology-corporation-history/ Fundinguniverse.com: History of Storage Technology Corporation
  2. News: Drew Robb . Tape Libraries Keep Stocking Shelves . Enterprise Storage . eWeek . 2005-12-29 . 2019-07-19 . In terms of revenue market share, Freeman Reports places StorageTek, which is now owned by Sun, in the lead with 38 percent..
  3. Web site: Buying StorageTek: Sun's last big gamble?. CNET News . 2 June 2005 . 21 June 2011 .
  4. Web site: Oracle Completes Acquisition of Sun Microsystems . . 27 January 2010 . 2019-07-19.