Sun CEO Set to Resign
Oracle recently announced that Approval from EU for the Oracle-Sun merger. Rumors of layoffs may have just started, but there is a move from the CEO before it all happens. Sun’s CEO Jon Schwartz’s recent … Read more
Oracle recently announced that Approval from EU for the Oracle-Sun merger. Rumors of layoffs may have just started, but there is a move from the CEO before it all happens. Sun’s CEO Jon Schwartz’s recent … Read more
A look back at Sun’s rise and fall Dot-com bust, failure to embrace x86 processors ended Sun’s life as an independent company, analysts say Oracle’s surprising $7.4 billion deal to purchase Sun this week gives … Read more
Updated: Oracle said Monday that it will buy Sun Microsystems for $9.50 a share in cash, or about $5.6 billion excluding debt, in a deal that plunges Larry Ellison & Co. into the hardware market. … Read more
The Oracle Corporation, the technology information company, announced Monday that it would acquire a rival, Sun Microsystems, for $9.50 a share, or about $7.4 billion. The agreement with Oracle came about two weeks after I.B.M. … Read more
The new problems Sun’s executive faces now include: Southeastern’s attempt to sell the company out from under management has given at least IBM and possibly others unprecedented access to Sun confidential information – information a … Read more
IBM is in talks to buy Sun Microsystems Inc, sources with knowledge of the matter said, a move that could bolster the technology giant against rivals in the high-end computer server market. International Business Machines … Read more