Sun Microsystems Down 3.5% on Deal
Sun Microsystems (SUNW) - Get Sunworks Inc. Report was down 3.5% in early afternoon trading.
The company said it would buy privately held software company
LSC
for $74 million in stock. Sun said the deal strengthens its position in open storage networks software.
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Sun has risen about 11% since dipping to $29.12 intraday on Jan. 19.
