StorageTek
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| Company type | Subsidiary of Oracle Corporation |
|---|---|
| Industry | Computer hardware, software |
| Founded | 1969 |
| Headquarters | (formerly) Louisville, Colorado |
Key people | Patrick J. Martin, 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 |
| Products | data storage hardware and software, professional and support services |
| Revenue | $2.2 billion USD (2004) |
Number of employees | ~7000 (2004) |
| Website | http://www.oracle.com/us/products/servers-storage/storage/ |
Storage Technology Corporation (StorageTek or STK), aka STC until about 1983, 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. Now a subsidiary of Oracle Corporation and referred to as Oracle StorageTek, StorageTek was headquartered in Louisville, Colorado, United States with manufacturing facilities in Ponce, Puerto Rico.
Brief history
In 1969 four former IBM engineers: Jesse Awieda, Juan Rodriguez, Thomas S. Kavanagh, and Zoltan Herger, founded the Storage Technology Corporation, which officially became known as StorageTek in 1983. The company originally challenged IBM's dominance in tape storage, and 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 an 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.[1] On August 31, 2005, the acquisition was completed.
On January 27, 2010, Sun Microsystems, Inc. was acquired by Oracle Corporation for US$7.4 billion, based on an agreement signed on April 20, 2009.[2]
Technology milestones for StorageTek
 | This article contains promotional content. (December 2007) |
- 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..
Products
- Tape libraries: L700, L700e, L180, L5500, SL500, SL3000, SL8500
- Tape drives: StorageTek 9940, 9840C, T9840D, T10000A, T10000B
- Tape drives (rebranded): LTO, SDLT, DLT
- Disk array: ST9990, ST9985, ST6540, ST6140
- Fibre Channel, SAS, RAID and SCSI HBAs.
References
- ^ "Buying StorageTek: Sun's last big gamble?". CNET News. 2 June 2005. Retrieved 21 June 2011.
- ^ "Oracle Completes Acquisition of Sun". Yahoo. 27 January 2010. Retrieved 27 January 2010.