Oracle To Buy Sun Microsystems

Teo Zenios teoz at neo.rr.com
Mon Apr 20 16:17:29 CDT 2009


Still waiting for somebody to buy Amiga Inc. for $20 in unrolled change and 
a warm diet coke.


----- Original Message ----- 
From: "Andrew Burton" <aliensrcooluk at yahoo.co.uk>
To: <cctalk at classiccmp.org>
Sent: Monday, April 20, 2009 5:11 PM
Subject: Oracle To Buy Sun Microsystems



Hi,

Since noone else seems to have sent this to the list yet, I thought I would 
send a snippet and a link for those who might be interested in this.

Snippet:
NEW YORK, April 20: The world's number two software company, Oracle
Corporation, today agreed to buy hardware provider Sun Microsystems Inc
for $7.4 billion, or $9.50 per share, in cash, pushing the software
company into high-end computing system.

“We expect this acquisition to be accretive to Oracles earnings by at
least 15 cents on a non-GAAP basis in the first full year after
closing. The business will contribute over $1.5 billion to Oracles
non-GAAP operating profit in the first year, increasing to over $2
billion in the second year,” Oracle president Ms Safra Catz said in a
statement.


Source:
http://www.thestatesman.net/page.news.php?clid=12&theme=&usrsess=1&id=251752


Regards,
Andrew B
aliensrcooluk at yahoo.co.uk





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