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Europe Daily Bulletin No. 9014

27 August 2005
Contents Publication in full By article 13 / 24
GENERAL NEWS / (eu) eu/competition
Commission authorises takeover of StorageTek by Sun Microsystems

Brussels, 26/08/2005 (Agence Europe) - O 26 August, the European Commission authorised plans for the purchase of the American company Storage Technology Corp. («StorageTek») by Sun Microsystems Inc. («SUN»), another American company specialising in network information products and services. After an in-depth examination, the Commission concluded that the operation would not significantly hinder the exercise of effective competition within the European Economic Area (EEA). SUN is active...

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