Wednesday, August 24, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
AMD Increased GPU Market Share in Q2 2016
Chinese Firm Unveils 64-core CPU
PlayStation Now Coming to PC, DualShock 4 USB Wireless Adaptor Unveiled
Upgraded Tesla Car Get From 0 to 60 in 2.5 Seconds
Opera VPN App For Android Released
Microsoft Provides Glimpse Of 24-core Processor For HoloLens
Nvidia Unveils Parker, The Latest SOC For Autonomous Vehicles
Toshiba to Implement Eyefi Connected Features in Next FlashAir SD Cards
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Oracle ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, April 21, 2009
Oracle to buy Sun for $7.4 billion


Sun Microsystems and Oracle Corporation announced they have entered into an agreement under which Oracle will acquire Sun.

The transaction is valued at approximately $7.4 billion, with Oracle purchasing Sun stock with cash for $9.50 per share, a premium of nearly $3 per share over previous market value. Sun's stock (JAVA) jumped nearly 33% after news of the purchase was released. Larry Ellison, Oracle's chief executive, described Java as "the single most important software asset we have ever acquired."

By purchasing Sun, Oracle is elevated into the ranks of Dell, HP and IBM, giving them the ability to sell hardware as well as more fully exploit some important Sun software. It also puts them in a better position to compete with Microsoft by giving them control of both a major server operating system and some major business software begin run on it.

In their joint press release, Sun and Oracle cite "substantial long-term strategic customer advantages to Oracle owning two key Sun software assets: Java and Solaris." Sun's Solaris operating system is the most widely utilized platform for Oracle databases, which is Oracle's largest business sector. With the acquisition of Sun, Oracle can optimize the Oracle database for some of the unique, high-end features of Solaris.

There is some worry for proponents of the major open source projects that Sun heads up, like OpenSolaris, MySQL, VirtualBox, OpenOffice and Java itself. It will remain to be seen what Oracle intends to do with these projects and how, if at all, they'll integrated them into their product offerings.


Previous
Next
MSI updates Wind U100 PLUS with new colours        All News        Cheap Blu-Ray Players to Hit U.S. Shelves
BlueTooth Technology Gets Faster with BT v3.0     General Computing News      Laywers to Appeal in Pirate Bay Case

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
Samsung To Announce Refurbished Smartphone Program
Samsung Gear S3 Smartwatch Is Coming This Month
Samsung's 32TB SSD Includes Cutting-edge 3D Chip Technology
Researcher Hacked Samsung Pay Standing Just 2m Away from The Paying Process
Samsung, TSMC And Intel Set To Expand Their Chip Production Capacities In 2H
Samsung Holds Largest Share In Enterprise SSD Market
Samsung Reportedly in Talks to Buy Assets of Fiat Auto-Parts Unit
Samsung Gear S3, Apple Watch 2 Coming In September
Samsung Unveils the New Galaxy Note7
Oracle to Buy NetSuite for $9.3 Billion
Samsung and Nestle Collaborate on the Internet of Things and Nutrition
Samsung Second Quarter Results Boosted By Component Sales

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .