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
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