Storage Technology Corporation

As of August 31, 2005, Storage Technology Corporation was acquired by Oracle America, Inc. Storage Technology Corporation engages in the design, manufacture, sale, and maintenance of data storage hardware and software, as well as the provision of supporting services worldwide. The company operates in two segments, Storage Products and Storage Services. The Storage Products segment offers tape, disk, network, and other storage products for the mainframe and open-systems markets. Its tape storage products include automated tape libraries, tape drives, and a virtual tape product. The Storage Services segment offers maintenance and support services, as well as professional services, which include data center operations, business assessments, data migration, continuity and recovery, product implementation, and product testing and packaging, as well as storage consulting, implementation, and storage management services. Storage Technology Corporation offers its products and services to the financial services, retail sales, healthcare, broadcasting, telecommunications, transportation, and manufacturing markets. It markets its products and services through direct sales organization and through indirect channel partners, including original equipment manufacturers, value added distributors and resellers, and other distributors. The company also resells fibre channel switches, directors, and multiprotocol storage routers for storage area network solutions. Storage Technology Corporation was formerly known as Data Storage Services. The company was founded in 1969 and is headquartered in Louisville, Colorado.