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Old 04-20-2009, 07:51 AM  
StuartD
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Oracle buys Sun for $7.4B!

http://blogs.zdnet.com/BTL/?p=16598&tag=nl.e589

Oracle said Monday that it will buy Sun Microsystems for $9.50 a share in cash, or about $5.6 billion excluding debt, in a deal that plunges Larry Ellison & Co. into the hardware market. The company added that the acquisition of Java ?is the most important software Oracle has ever acquired.?

With the move- valued at $7.4 billion including Sun?s debt - Oracle also becomes a full-fledged hardware player.
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