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To: Jim Oravetz who wrote (2123)12/5/2000 7:53:54 AM
From: Jim Oravetz  Read Replies (1) | Respond to of 2283
 
Semi-OT:06:15 ET EMC Corp (EMC) 79 1/2: Data storage company will today unveil a network-attached storage system which will have a starting price of $82,000, below any product in EMC's current range, the WSJI reports.

Briefing.com

Sun Expanding Its Influence In Storage Market
By Kim Renay Anderson, TechWeb News
Dec 4, 2000 (12:51 PM)
URL: techweb.com

Sun Microsystems is making a strong move into the computer storage market, announcing Monday that it is acquiring HighGround Systems for $400 million in stock. Though details of the deal were not immediately available, industry observers said Sun's purchase acquisition of HighGround Systems Inc., a storage management software company, is part of the continuing trend of consolidation in the storage segment, said Steve Widen, an analyst at International Data Corp., Framingham, Mass.

The recent acquisition of CrosStar Software by EMC Corp. (stock: EMC) -- the industry's storage leader -- reflects a need by some companies to diversify. For instance, CrosStar has a unique file-sharing feature, which can enhance EMC products, Widen said.

"Compaq already has equity in HighGround," he said. "It will be interesting to see the relationship that Sun has with Compaq, a supplier of open systems storage."

Sun Microsystems Inc. (stock: SUNW) wants to be the storage choice of Internet data, said William Hurley, an analyst at the Yankee Group in Boston. As a result of this acquisition, he said Sun has accelerated its efforts to achieve it.

"Sun was already working on its Jiro storage management tool," Hurley said. "Jiro is automated network management software. It will be interesting to see how Sun integrates Jiro with HighGround."

Jim