Oracle-Sun, Layered Tech, NetApp, Brocade

Oracle's Sun acquisition approved.  Oracle announced Thursday that the U.S. Department of Justice has approved the proposed acquisition of Sun Microsystems.  On April 20th, 2009 Oracle agreed to buy Sun for $7.4 Billion after the collapse of a bid by IBM to buy Sun.

Layered Tech #622 on Inc.'s Fastest Growing Private Companies list. Global provider of managed dedicated hosting, Layered Technologies announced Wednesday that they were listed at number 622 on the Inc. 5000.  The Plano, Texas based company listed a three year growth rate of 441 percent and invests heavily in research and development.

Netapp announces 1st quarter 2010 results. Revenues were $838 million, down 4% and GAAP net income was $52 million.  Netapp also announced that President and COO Tom Georgens will succeed Dan Warmenhoven as CEO of the company.

Brocade announces 3rd quarter results. Brocade reported Q3 revenues of $493.3 million, reflecting a 35% year-over-year growth.  They also reported a GAAP net loss of $21 mllion and net income of $55.4 million.  Brocade had a number of partnership announcements in the 3rd quarter, including a Netapp announcement to use Brocade FCoE technology.

Hewlett Packard releases 3rd quarter earnings. On Tuesday HP announced financial results for the 3rd quarter of 2009.  Net revenue was $27.5 billion, GAAP operating profit was down 14% to $2.2 billion and they recorded a record services profit of $1.3 billion.  Services revenue increased 93% to $8.5 billion primarily due to the EDS acquisition.

InfoStor review of Fiber Channel over Ethernet. Russ Fellows has a nice article on the InfoStor site, reviewing FCoE. The article reviews the FCoE technology, adoption rates, storage networking infrastructures, and when and where to deploy it.  It also covers the increasingly crowded market of vendors with FCoE-capable products.