Moving and Storage Business News

The News Review:

- Sunburst Names Executive Kevin Hanley President, Expands Executive…
- Public Storage Completes $5.5B Shurgard Purchase
- On brink of irrelevance, EMC transforms itself
- Donors to governor get posts of prestige
- In Depth: Google Discloses Plans For Long-Awaited Office Suite, First…

Sunburst Names Executive Kevin Hanley President, Expands Executive…
hospitalitynet.org – Aug 28, 2006
Additionally Matt Lundstrom has been promoted to the position of Vice President, Operations. In this position Mr. Lundstrom will oversee the Company?s portfolio of self-storage businesses. The strength and depth of Sunburst?s operating organization is based on the Company?s perseverance for market excellence on every level, operationally and through real estate and savvy asset management. These elements combine to provide Sunburst a strong foundation upon which it can build the Company?s growth initiatives into a prosperous reality.

Public Storage Completes $5.5B Shurgard Purchase
CoStar Group – Aug 28, 2006
5 billion acquisition of Shurgard Storage Centers Inc. The largest public self-storage company in the nation has interest in more than 2,100 facilities with more than 92 million net rentable square feet in 38 states and 7 European countries. Headquartered in Glendale, CA, Public Storage Inc. will continue under the leadership of Ronald L. , president and chief executive officer… 5B Shurgard Purchase – CoStar Group. continued its expansion efforts with its $5. 5 billion acquisition of Shurgard Storage Centers Inc. The largest public self-storage company in the nation has.

On brink of irrelevance, EMC transforms itself
Seattle Times – Aug 28, 2006
Previously, centralized mainframes handled most computing tasks, including storing information. The new era was largely about gaining efficiencies from distributing those resources — first with the rise of flexible servers and then with external data storage machines. In the 1990s, EMC’s top-of-the-line storage devices helped many companies that were moving onto the Web and generating copious digital records. EMC was the decade’s best performer on the New York Stock Exchange. Market share grabbedThen the tech bubble burst, wiping out many customers or their capital. Competitors such as Compaq Computer grabbed market share with lower-priced storage systems. In just two years, EMC’s revenue cratered from $8.

Donors to governor get posts of prestige
San Diego Union Tribune – Aug 28, 2006
Wilkes has not been charged. During the 2003 campaign, he served as county finance co-chairman for Schwarzenegger. Wilkes, his wife, Regina, and his company, ADCS Inc. , contributed $77,400 to Schwarzenegger. California's governor is responsible for filling hundreds of positions. These include judgeships that come open between elections, highly paid senior staffers to help run the state government and members of unpaid boards and commissions. “Large contributors shouldn't be rewarded for their loyalty… construction firm, who has donated $140,900.  Kelly Burt, chairman of Price Self Storage, who has given $142,000 to the governor and his causes. Burt is also on the boards of the Cystic Fibrosis Foundation and Rancho Bernardo Community Bank.  Patricia Davies, the wife of Schwarzenegger's judicial adviser, attorney John Davies, who has donated $16,150 to the governor. She was named to the state Race Track Leasing Commission this month.  Vivian Hardage, a community activist who helped start a San Diego Republican women's club and the Vision of Children Foundation, which fights hereditary blindness.

In Depth: Google Discloses Plans For Long-Awaited Office Suite, First…
InformationWeek – Aug 28, 2006
But there’s much room for expansion. In June, it introduced the ability to store digital photos managed in Google’s desktop Picasa software on company servers. Bajarin predicts hosted storage for digital music and other files can’t be far off. “Their goal is to be the hosted back end for your digital life,” he says. “Microsoft will fight tooth and nail to keep this from happening to their corporate apps. Microsoft, Google, and other tech companies are racing to design tools that can uncouple data from PCs and store it on servers accessible by multiple users over the Web. The trend is affecting everything from consumer software to the design of business applications… The Office stronghold makes this Microsoft’s game to lose, but the company’s been slow to embrace the Web’s collaboration potential with the suite. Google has proven it can deliver captivating, cutting-edge online software, but most of it hasn’t been tuned for business use. Who can patch up their weak spots best? With the companies moving quickly toward the exact same turf, the coming collision will tell.