Buying StorageTek: Sun's last big gamble?

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Yet another Colorado tech company gets snapped up

I wonder if Sun will be moving StorageTek's corporate headquarters somewhere else. StorageTek has been down the road from me for as long as I can remember. I can remember way back when they were working on laserdisc technology, back when it was a cutting edge data storage medium just coming out of R&D. Even though I've never worked with its products I'd be sad to see it go. It's been a constant fixture in my neck of the woods, like IBM, which is also down the road a ways.

Only reason I say this is when J.D. Edwards, a Colorado-based software company, was bought by Peoplesoft, they moved the corporate headquarters to the east coast (I think).

I guess at the very least we can "look forward" to an announcement in the near future that StorageTek is laying people off. It wouldn't be that unusual for them anyway, but I wonder how big the "bloodletting" will be with this purchase.

Posted by: Mark Miller   Posted on: 06/02/05 You are currently: a Guest | Members login | Terms of Use

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