Wednesday, October 18, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
ICDM to Establish New Display Evaluation Standards Based on Samsung and LG Proposals
Globalfoundries and Intel to Talk About 10, 7nm at IEDM
Intel and Mobileye Offer Present Algorithms to Prove the Safety of Autonomous Vehicles
Chinese BOE and CSOT to Invest in Japanese JOLED, Adding Pressure to South Korean Rivals
Samsung's 8nm LPP is Ready For Production
Intel Advances Artificial Intelligence With Nervana Neural Network Processor
Razer Launches Quad-core Blade Stealth Laptop and Core V2 External Graphics Enclosure
Google Designed New Pixel Visual Core Chip Internally
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's 8nm LPP is Ready For Production
Samsung Introduces Cellular IoT Mobile Device to Track Your Pets, Children, or Personal Items
Samsung CEO Kwon to Resign as Profits Surge
Samsung Gear Sport and Gear IconX 2018 are Launching in the U.S.
Samsung Takes on Sony With New ICOCELL Image Sensors for Smartphones
Apple iPhone 7 Remained Top Smartphone Model in First Half of 2017
Samsung SDI Showcases New '21700' Cylindrical Battery With 50 percent Bigger Capacity
Samsung Foundry Tapes Out eMRAM Test Chip Based on 28nm FD-SOI Process
Samsung Galaxy Note8 Available in Stores Today
Both LG and Samsung Invest EUR25 million in OLED Material Developer Cynora
Samsung to Create US$300 Million Fund for Auto-related Technologies
Samsung SDI Introduces Battery Technology Advancements for Electric Vehicles

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .