Sun acquires Procoms NAS business
[Archived in Entry]
[ sunhelp] Sun today announced that it has entered into a definitive agreement to purchase all intellectual property rights of Procom Technology, Inc. relating to Procom’s Network Attached Storage (NAS) offerings in an all-cash transaction valued at approximately $50M. This InternetNews article has more information.
Some slightly related from Technorati and Google.
[Scobles Link Blog] Suns Acquistions Accelerate Microsoft Interoperability (from: Jonathan Schwartz): And SunRay today leverages an open source Mozilla/StarOffice/Java Desktop System stack, where Windows is largely inaccessible unless you grapple with the complexity and expense of a Citrix license. With the increasing interoperability between the two companies, though, Tarantella’s technology provides a foundation to present Windows applications over a grid (ours, or a customer’s). Without a Citrix license.
[ sunhelp] Acclinet Technology Grants: Acclinet Corporation, a reseller of IT equipment, is looking to donate a pair of loaded SunFire 3800 systems to a qualifying non-profit organization. See here for more details.
[Online Shopping Guide] Sun's NAS Software Play, Britestream's Hardware-based SSL Encryption (InternetNews.com): Sun's NAS Software Play, Britestream's Hardware-based SSL Encryption (InternetNews.com) Elsewhere in IT: Sun moves to acquire Procom, using EXACT to ...
[Strategic Board Blog] Sun Changing Landscape of Network Storage Market with Acquisition of Procom NAS Assets: Sun Changing Landscape of Network Storage Market with Acquisition of ProcomNAS Assets - i-newswire. Related Tags: sun, network storage, acquisition, procom, nas, Hi-Tech, Intelligence, Mergers n Acquisitions, News Coverage, Vendor Coverage Contributor: Dudu Mimran, dudu@strategicboard.com
[Litinform.com] Sun buys $50m worth of NAS software IP: Partner Procom acquired
Jonathan Schwartz's Weblog: The Procom transaction is pretty straightforward - we loved the technology we were OEM'ing so much, we bought it. We see the demand for network attached storage (NAS) growing by the day, and as we alluded to in the press release, the NAS world is increasingly relying upon general purpose servers, with industry standard OS's. Good news, we have both - which coupled with Procom's NAS technologies, are going to give us a ton of headroom is bringing the price of NAS storage way, way down. And still driving very attractive margins - while attaching to Sun systems, Microsoft Windows systems - wherever data's generated, we'll attach to store it.
Jonathan Schwartz's Weblog: It's that the majority of the legacy applications customers were looking to present through a secured thin client were written to Windows. And SunRay today leverages an open source Mozilla/StarOffice/Java Desktop System stack, where Windows is largely inaccessible unless you grapple with the complexity and expense of a Citrix license. With the increasing interoperability between the two companies, though, Tarantella's technology provides a foundation to present Windows applications over a grid (ours, or a customer's). Without a Citrix license.
Sun on Minor Buying Spree, Adds Procom NAS @ LINUXWORLD: With this new agreement, Sun will own the intellectual property rights relating to this technology and gain additional engineering expertise, enabling it to build future NAS and next-generation file-based storage systems much faster and more cost-effectively, the company says. "Sun's NAS offerings serve as the central building blocks of some of our most compelling solutions, including the Sun StorEdge 5310 Compliance Archiving System which helps customers comply with government regulations and data integrity requirements," said Mark Canepa, executive vice president of network storage, Sun Microsystems. "Bolstering our NAS portfolio with the acquisition of Procom's technology reflects our ongoing commitment to the storage market."
CRN | Breaking News | Sun Microsystems Acquires Procom ...: "The entire storage marketplace is clearly moving toward industry-standard platforms and operating systems," said Sun's president and chief operating officer Jonathan Schwartz in a statement. "Sun is uniquely positioned to leverage Procom's technology to drive down the cost of NAS appliances for customers, while driving margin opportunities for Sun."
Sun to buy Procom storage assets | CNET News.com: Sun already pays Procom for use of its NetForce operating system in Sun's 5000 line of network-attached storage (NAS) systems. Through the deal announced Monday, Procom will transfer the operating system, related patent applications and some engineers to Sun, a Procom representative said.
Reflected tags on Technorati: Blog, Sun, Storage, Memory Card News
Posted at May 23, 2005 02:55 PM