04-20-2009, 07:51 AM
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Sofa King Band
Join Date: Jul 2002
Location: Outside the box
Posts: 29,903
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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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