Oracle to Purchase Sun for $7.4 Billion

sun microsystems.jpg

Doing what IBM failed to do earlier this month, Oracle will purchase computer server and software maker Sun Microsystems for around $7.4 billion, or $5.6 billion net of cash, 9.50 per share. Oracle megalord Larry Ellison boasted about the buy, saying in a statement, “Oracle will be the only company that can engineer an integrated system—applications to disk—where all the pieces fit and work together so customers do not have to do it themselves ... Our customers benefit as their systems integration costs go down while system performance, reliability and security go up.” This deal will also give Oracle control over Java programming language and Solaris. (Jason Brooks of eWEEK explains it all in finer detail, right here.)

Email This Entry


Comments (3) [rss]

Who in their right mind give two flying f**ks about this? Just make our stuff work and go away.

Oh, I don't maybe those of us who make your stuff work and will be saddled with the fallout of this unfortunate situation. Contrary to popular belief, it's not just about you.

Sshh, don't burst his little bubble. He's already fizzing and popping...

Post a comment (Comment Policy)

Tips

About SFist

SFist is a website about San Francisco.

Editor: Brock Keeling
Publisher: Gothamist

Contribute

Latest Tip:

Looks like those OaklandIST restaurant or whatever people are butthurt about not being blogged about
[more]

Latest Photo:

Recent Comments

Subscribe

Use an RSS reader to stay up to date with the latest news and posts from SFist.

All Our RSS