Linked by Thom Holwerda on Fri 3rd Apr 2009 17:57 UTC
In the News After weeks of negotiations, IBM reportedly is eyeing a $9.55-per-share buyout for Sun Microsystems, according to a report in The Wall Street Journal. Such a price would value the deal at roughly $7 billion and offer Sun investors nearly double the price of the stock before reports surfaced earlier this month that the parties are in buyout talks. A report in The New York Times, meanwhile, notes the parties are discussing a purchase price of $9.50 a share. In either case, Sun's investors haven't seen the hardware maker's stock trade at those levels since August. Last spring, Sun was trading at a 52-week high of $16.37 a share.
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RE: April fools? (i wish)
by evangs on Fri 3rd Apr 2009 21:10 UTC in reply to "April fools? (i wish)"
evangs
Member since:
2005-07-07

I think the big problem with Sun is that they've struggled to monetise their assets. Java, OpenSolaris, Netbeans, MySQL, OpenOffice are all great products and are awesome open source projects. Pity that they haven't been bringing in much money, which is what you need to achieve at the end of the day if you wish to stay afloat.

I hope that IBM will continue to develop and grow these projects.

Reply Parent Score: 6

RE[2]: April fools? (i wish)
by Yamin on Sat 4th Apr 2009 02:59 in reply to "RE: April fools? (i wish)"
Yamin Member since:
2006-01-10

Having been in a few purchasing decisions in my time. There's a little secret to Sun's failure.

In older times, companies like SUN could afford open source. They sell their amazing and powerful hardware, and they don't mind throwing in any software for 'free'.

Well today, everything is a commodity. You can get pretty good Intel chips for much cheaper. *** we went with an Intel based solution from IBM instead of the more expensive one from SUN. All the open source stuff is available for linux as well... so why buy SUN?

When things are a commodity, you either make the commodity or you be some kind of solution provider (that's IBM). SUN's support was basically non-existent for us.

Reply Parent Score: 3