With IBM out, Oracle jumps in to buy Sun for $7.4B

Posted by Yuri at 5:56 AM
Oracle Corp. pounced on Sun Microsystems Inc. in a $7.4 billion deal Monday after rival IBM Corp. abandoned its bid to buy Sun, a server and software maker that had a 27-year run as Silicon Valley's brash independent. Redwood Shores, Calif.-based Oracle said it will pay $9.50 in cash for ... Read More...
Monday, April 20, 2009

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