Linked by Thom Holwerda on Mon 20th Apr 2009 11:53 UTC, submitted by tsedlmeyer
Oracle and SUN We've been debating the merits of a possible IBM-Sun deal for a while now, and even Sun itself seemed to be in the dark as to if it would be a good idea to be bought by IBM. These debates are now all moot: in a surprise move (at least, I didn't see any speculation about it) Oracle has bought Sun Microsystems, at USD 9.50 a share, which equates to a total of 7.4 billion USD. The news got out through a press release.
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Oracle buys the sun
by garyd on Mon 20th Apr 2009 17:03 UTC
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"The acquisition of the sun transforms the IT industry, combining best-in-class enterprise software and mission-critical computing systems," said Oracle CEO Larry Ellison. "Oracle will be the only company that can engineer an integrated system and power it indefinitely by harnessing the seemingly infinite power of our nearest star. Our customers benefit as their power bills and systems integration costs go down while system performance, reliability and security go up. We can't imagine a better perimeter security appliance than one with a surface temperature of 5,778 degrees Kelvin. We are also on the verge of announcing a deal whereby our entire staff will be entitled to a free lifetime supply of sunscreen lotion."

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