[Info-vax] OT: Oracle to Buy Sun
Bill Gunshannon
billg999 at cs.uofs.edu
Mon Apr 20 09:35:14 EDT 2009
In article <7e281eb3-c169-473c-8969-1e85303238fc at d14g2000yql.googlegroups.com>,
IanMiller <gxys at uk2.net> writes:
> http://www.sun.com/third-party/global/oracle/index.jsp
>
> "SANTA CLARA, Calif., April 20, 2009 -- Sun Microsystems (NASDAQ:
> JAVA) and Oracle Corporation (NASDAQ: ORCL) announced today they have
> entered into a definitive agreement under which Oracle will acquire
> Sun common stock for $9.50 per share in cash. The transaction is
> valued at approximately $7.4 billion, or $5.6 billion net of Sun's
> cash and debt. "
>
> What does this mean?
Can't imagine. Seems to make even less sense than IBM buying them.
Unless, of course, they are looking for a proprietary platform on which
to run their database so they can drop all the other versions.
bill
--
Bill Gunshannon | de-moc-ra-cy (di mok' ra see) n. Three wolves
billg999 at cs.scranton.edu | and a sheep voting on what's for dinner.
University of Scranton |
Scranton, Pennsylvania | #include <std.disclaimer.h>
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