Saturday, November 28, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
NSA's Phone Surveillance Program Changes
Lenovo and Razer Partner to Make Gaming PCs
LG Display Makes Huge Investment in OLED Panels
Sony To Bring Remote Play Feature To PS4
MINIX NEO U1 Media Hub for Android Coming Next Week
Samsung Joins Audi’s Progressive SemiConductor Program
German ISPs May Block Music-sharing Sites: court
Study Says HTTPS Certificate and SSH Key Reuse Endangers Millions of Devices Worldwide
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 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.

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 Joins Audi’s Progressive SemiConductor Program
Samsung's New DDR4 with TSV Gives a Boost To Data Centers and Servers
Samsung Pay Adds Eight More Credit and Debit Card Issuers
UK High Court Rules Samsung and Huawei Infringe LTE Patent
Samsung Display Is Seeking OLED Growth Through Apple Deal
Samsung To Release Bio Processor Next Year
Samsung Officially Unveils The Exynos 8 Octa Application Processor
Samsung Prepares For Entry In Auto Technology
Samsung Electronics Takes The Lead in Smartphone Sales Worldwide
Samsung To Use Both Exynos 8890, Snapdragon 820 SoCs In Galaxy S7
Samsung Adds Two New Laptops to ATIV Line
Google Finds Security Holes In New Samsung Galaxy S6 Edge

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .