[Info-vax] OT: Oracle to Buy Sun
Bradford Hamilton
hamilton at news.individual.net
Mon Apr 20 09:45:50 EDT 2009
In article <7e281eb3-c169-473c-8969-1e85303238fc at d14g2000yql.googlegroups.com>,
IanMiller wrote:
>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?
A few things:
- Oracle sees value where IBM does not (Java? VirtualBox?? OpenOffice???).
- Oracle has an entree into OS ownership (whatever that might buy them).
- Does this position Oracle to better fight a future Oracle vs. DB2 war?
- Larry Ellison is bored to death. :-)
- It's not an April Fools' joke. :-)
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