«
»

After IBM dalliance, Sun goes to Oracle for $7.4B (AP)

An Oracle employee walks in front of Oracle Corp. headquarters in Redwood City, Calif., Monday, April 20, 2009. Oracle Corp. snapped up computer server and software maker Sun Microsystems Inc. for $7.4 billion Monday, pouncing on an opportunity that opened up after rival IBM Corp. abandoned an earlier bid to buy one of Silicon Valley's best known, and most troubled companies. (AP Photo/Paul Sakuma)AP – Sun Microsystems Inc.’s scramble to find a suitor landed the slumping server and software maker in the arms of Oracle Corp., which agreed to pay $7.4 billion in cash for Sun in a startling marriage that would transform Silicon Valley and the computing industry.

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • del.icio.us
  • StumbleUpon
  • Reddit
  • BlinkList
  • Facebook
  • Google Bookmarks
  • LinkedIn
  • Live-MSN
  • Mixx
  • Technorati
  • TwitThis
  • YahooBuzz
  • YahooMyWeb

This entry was posted on Monday, April 20th, 2009 at 3:13 pm and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply