Database News

Posted Apr 20, 2009

Oracle Buys Sun in IBM's Wake

By DatabaseJournal.com Staff

[From InternetNews]

Oracle and Sun Microsystems are poised to tie the knot after Oracle this morning said it's making a $9.50 per share offer in cash for the embattled server and Java player.

The total price of the deal will be approximately $7.4 billion, but since Sun (NASDAQ:JAVA) brings $1.8 billion of net cash to the deal, the net cost to Oracle (NASDAQ: ORCL) could be as low as $5.6 billion.

The article continues at http://www.internetnews.com/software/article.php/3816181/Oracle+Buys+Sun+in+IBMs+Wake.htm

Database News Archives

Latest Forum Threads
Database News Forum
Topic	By	Replies	Updated
Efficient SQL Server Indexing by Design	lcole	0	April 30th, 12:38 PM
Mine Oracle Database, SQL Server and Other Databases with Monarch Data Pump Pro V10.5	lcole	0	April 30th, 12:37 PM
Oracle Database and Oracle Fusion Middleware for Private Social Network Application	lcole	0	April 30th, 12:31 PM
Oracle Database Maintains a Stronghold in the DBMS Market	lcole	0	April 30th, 12:30 PM

Advertiser Disclosure: Some of the products that appear on this site are from companies from which QuinStreet receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. QuinStreet does not include all companies or all types of products available in the marketplace.