Short Take: Sun acquires Encore Computer

Sun Microsystems has announced it has acquired all Encore Computer, a data storage and retrieval company, for $185 million. The acquisition comes one day after Sun reported record annual earnings and Sun executives told analysts the company would be making opportunistic acquisitions throughout the year and may seek additional funding over the next 12 months.

Michael Kanellos Staff Writer, CNET News.com

Michael Kanellos is editor at large at CNET News.com, where he covers hardware, research and development, start-ups and the tech industry overseas.

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Michael Kanellos

July 18, 1997 6:20 p.m. PT

has announced it has acquired all Encore Computer, a data storage and retrieval company, for $185 million. The acquisition comes one day after Sun reported record annual earnings and Sun executives told analysts the company would be making opportunistic acquisitions throughout the year and may seek additional funding over the next 12 months.