Monday, April 20, 2009

Oracle to Buy Sun Micro for Over US$7 Billion

Oracle Corp plans to buy Sun Microsystems Inc for more than US$7 billion, after the high-end computer server and software maker's talks with IBM fell apart.

Oracle is to buy Sun at US$9.5 per share after IBM earlier offer of US$9.40 per share collapsed.

Oracle to buy Sun Micro for over $7 bln [via]

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