Sun Completes Acquisition of Procom Inc.'s NAS IP Assets

HostReview.com
Monday, June 13, 2005; 01:49 PM

Sun Microsystems, Inc. (www.sun.com) today announced it has completed the acquisition of all intellectual property rights of Procom Technology, Inc. relating to its Network Attached Storage (NAS) offerings. In addition, the company has welcomed the majority of Procom's employees related to NAS into the Sun organization.

"The Procom transaction, combined with our recent announcement that we've signed a definitive agreement to acquire StorageTek, signifies the strategic importance of data management to Sun and underscores our commitment to a total systems approach," said Jonathan Schwartz, president and chief operating officer, Sun Microsystems.

Through a previous software licensing agreement with Sun, Procom's technology is already embedded and currently shipping within the Sun StorEdge 5000 family of NAS Appliances.

With the close of this acquisition, Sun now owns the intellectual property rights relating to Procom's NAS product offerings and therefore gains additional engineering expertise, enabling it to build future NAS and next-generation file-based storage systems much faster and more cost-effectively.

A singular vision -- "The Network Is The Computer" -- guides Sun in the development of technologies that power the world's most important markets. Sun's philosophy of sharing innovation and building communities is at the forefront of the next wave of computing: the Participation Age.