Showing posts with label Merger and Acquisition. Show all posts
Showing posts with label Merger and Acquisition. Show all posts

Tuesday, April 21, 2009

OracleBuySun

Oracle Agrees to Buy Sun for $7.4B
Oracle has signed a deal to purchase Sun Microsystems for US$7.4 billion, plunging the enterprise software vendor into the hardware market and making Sun the latest company to be subsumed by the Silicon Valley giant.
http://www.cio.com/article/490038/Oracle_Entering_Hardware_Arena_Agrees_to_Buy_Sun_for_._B?source=nlt_cioinsider

Analyst: Oracle Could Axe 10,000 Jobs After Sun Deal
As many as 10,000 people could lose their jobs as the result of Oracle's surprise US$7.4 billion acquisition of Silicon Valley icon Sun Microsystems, a financial analyst predicted Monday.
http://www.cio.com/article/490081/Analyst_Oracle_Could_Axe_Jobs_After_Sun_Deal?taxonomyId=1448

+nav