The ultimate aim of any modern corporate is growth with profit maximization. Growth is the first and foremost characteristic of nature and its products which include modern societies with all their industrial, agricultural and service sectors and above all the research organizations to cater to the needs of primary, secondary and tertiary sectors. Governed by the laws of the universe and nature, societies, markets and above all human life are in the constant churn of development in the realm of creativity and innovativeness.

Will the acquisition of StorageTek help Sun shine again? With this announcement, Sun solidifies its leadership position, with the highest volume computing platforms, the most comprehensive data and identity management solutions, and when combined with StorageTek, an unmatched ability to earn the confidence of customers, as they develop, deploy and manage information assets throughout their entire life cycle.I strongly believe that for StorageTek and all our constituents, this is the right transaction, with the right partner, for the right reasons, at the right time.

Sun hasn’t so much repeatedly tried to enter the storage market as repeatedly tried to be more successful at it.Survival is the word that sums up Sun Microsystems’ latest gamble. The $4.1 bn StorageTek acquisition is the latest in its bid to revive its sagging fortunes. Sun, which gave the world one of the most widely used software, Java, which runs on almost every mobile handset and a large number of electronic devices, has not been in the pink of health, of late; it has been making losses since FY 2002.

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