Mountain View, CA--May 28, 1997--Sun Microsystems Inc. (Mountain View, CA) and Encore Computer Corp. (Fort Lauderdale, FL) have signed a non-binding memorandum of understanding (MOU) for the purpose of the acquisition by Sun of substantially all of the assets of Encore's storage business.
The acquisition is subject to the negotiation and execution of a definitive agreement between the parties and the satisfaction of any closing conditions set forth in such agreement. Encore is a supplier of universal data storage, retrieval, and sharing technologies for mixed-platform processing environments.
Sun Microsystems Inc.
Mountain View, CA
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