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Apr 21, 2009 · Jordan Robertson. SAN FRANCISCO — Sun Microsystems’ scramble to find a suitor landed the slumping server and software maker in the arms of Oracle, which agreed to pay $7.4 billion in cash for ...
Sun Microsystems and Oracle Corporation announced today they have entered into a definitive agreement under which Oracle will acquire Sun common stock for $9.50 per share in cash. The transaction is valued at approximately $7.4 billion, or $5.6 billion net of Sun's cash and debt.
The acquisition of Sun Microsystems (a computer hardware producer) by Oracle Corporation (a software example of a (an)vertical acquisition.unrelated acquisition.horizontal acquisition.merger of equals.
Sun was sold to Oracle Corporation in 2009. Sun's staff were asked to share anecdotes about their experiences at Sun. A web site containing videos, stories, and photographs from 27 years at Sun was made available on September 2, 2009. In October, Sun announced a second round of thousands of employees to be laid off, blamed partially on delays ...
Apr 20, 2009 · 4:57 AM PDT • April 20, 2009. Comment. Oracle Corporation is to buy Sun Microsystems for $9.50 a share in a deal valued at approximately $7.4 billion, just a few weeks after a deal by IBM to buy ...
Apr 20, 2009 · See below for details. Oracle, not IBM, will be buying Sun Microsystems. Oracle and Sun announced Monday that they have entered into a definitive agreement under which Oracle will acquire Sun ...
Aug 25, 2009 · Summary On 19 April 2009 Oracle Corporation announced its intention to acquire Sun Microsystems Inc Market definition The ACCC considered the proposed acquisition in the context of the national market for the supply of relational database management software (RDBMS).
