Tuesday, September 30, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
TSMC and ARM Announce 16nm FinFET Silicon with 64-bit ARM big.LITTLE Technology
Google To Unveil New Music Services
Europe Says Ireland Helped Apple Pay Less Taxes
Pioneer Develops Rearview Mirror Telematics Unit With LTE Connectivity
Intel and Mitsubishi Electric Collaborate to Create Factory Automation Systems
Belkin Announces New Thunderbolt 2 Express Dock HD for Mac and PC Computers
iPhone 6 And iPhone 6 Plus Available in China By October 17
Apple Patches Bash Vulnerability in OS X
Active Discussions
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
 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 Starts Producing 3.2-Terabyte NVMe SSD Based on 3D V-NAND for Severs
Samsung Shrinks Its PC business
Samsung Launches Note 4 , Gear S Coming This Fall
Samsung Galaxy Alpha And LG G3 Vigor Coming from AT&T
Order Your Samsung Galaxy Note 4 Today
Oracle's Ellison Steps Down
Samsung Now Mass Producing 20-Nanometer 6Gb LPDDR3 Mobile DRAM
New Samsung NX1 Launches With APS-C backside-illuminated CMOS
Korean Authorities To Inverstigate LG-Samsung Dispute
Samsung Open Source Conference Kicks off Tuesday
Diesel Black Gold Introduces Custom Samsung Gear S at Runway Show
Samsung Outlines Its Vision for the Future Home At IFA 2014

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .