[Info-vax] OT: Oracle to Buy Sun

Bill Gunshannon billg999 at cs.uofs.edu
Mon Apr 20 12:52:48 EDT 2009


In article <LsdFMb5OBPX0 at eisner.encompasserve.org>,
	koehler at eisner.nospam.encompasserve.org (Bob Koehler) writes:
> 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?
> 
>    You can plan on Oracle running on Sun to be supported for several
>    more years.

Yes, but what about Oracle running on other platforms?  Could this be
the start of a consolidation and reduction in costs by dumping all but
a designated platform?

In any event, the market seems to like the idea as Sun has gone up almost
33% so far today.

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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