StorageTek

From Wikipedia, the free encyclopedia

Template:Short description

Page Module:Infobox/styles.css has no content.Page Template:Infobox company/styles.css has no content.

StorageTek
(Storage Technology Corporation)
Company type
Public
NYSE: STK
ISINScript error: No such module "WikidataIB".
IndustryScript error: No such module "WikidataIB".
PredecessorScript error: No such module "WikidataIB".
IncorporatedScript error: No such module "WikidataIB".
FoundedScript error: No such module "WikidataIB".
FoundersScript error: No such module "WikidataIB".
DefunctScript error: No such module "WikidataIB".
FateAcquired by Sun Microsystems, which was later acquired by Oracle Corporation
SuccessorScript error: No such module "WikidataIB".
HeadquartersLouisville, Colorado
ProductsData storage hardware and software, professional and support services
RevenueScript error: No such module "WikidataIB".
Script error: No such module "WikidataIB".
Script error: No such module "WikidataIB".
Total assetsScript error: No such module "WikidataIB".
Number of employees
Script error: No such module "WikidataIB".
ParentScript error: No such module "WikidataIB".
WebsiteScript error: No such module "webarchive".

Script error: No such module "Check for conflicting parameters".Script error: No such module "Check for deprecated parameters".

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.

File:StorageTekCD-ROM.jpg
StorageTek CD-ROM containing the sales toolkit for SVA (Shared Virtual Array) hardware - July 2000

Sun Microsystems

File:Sun StorageTek 2009 logo.svg
Logo for Sun StorageTek products used prior to Oracle acquisition

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.

Sun shifted employees to its Broomfield, CO, campus and subsequently vacated the Louisville campus circa 2007, marking the end of the firm's significant physical presence in the area. The 432-acre campus was sold by Sun to ConocoPhillips in 2008.

Oracle

File:Oracle StorageTek logo.png
Logo for Oracle StorageTek products used after Oracle acquisition

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

Product timeline

File:Silo STK.jpg
Storagetek library
File:StorageTek Powderhorn tape library.jpg
Inside view of a Powderhorn library
  • 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 the first solid-state disk.
  • 1984 - StorageTek develops the first intelligent disk.
  • 1986 - StorageTek develops the first cached disk.
  • 1987 - StorageTek develops tape automation and emerges from Chapter 11.
  • 1994 - StorageTek introduces virtual disk, Iceberg.
  • 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.
  • 2012 - Oracle introduces the Streamline SL150 modular library system.
  • 2013 - Oracle introduces the T10000D 8.5 TB 252 MB/s tape drive

References

Page Template:Reflist/styles.css has no content.

  1. ^ Fundinguniverse.com: History of Storage Technology Corporation
  2. ^ Page Module:Citation/CS1/styles.css has no content.Drew Robb (2005-12-29). "Tape Libraries Keep Stocking Shelves". Enterprise Storage. eWeek. Retrieved 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. ^ Page Module:Citation/CS1/styles.css has no content."Buying StorageTek: Sun's last big gamble?". CNET News. 2 June 2005. Retrieved 21 June 2011.
  4. ^ Page Module:Citation/CS1/styles.css has no content."Oracle Completes Acquisition of Sun Microsystems". Associated Press. 27 January 2010. Retrieved 2019-07-19.
  • Script error: No such module "webarchive".

Lua error in package.lua at line 80: module 'Module:Navbox/configuration' not found. Lua error in package.lua at line 80: module 'Module:Navbox/configuration' not found.

Lua error in package.lua at line 80: module 'Module:Navbox/configuration' not found. Lua error in package.lua at line 80: module 'Module:Authority control/config' not found.