Oracle To Buy Sun Microsystems
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
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.
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
aliensrcooluk at yahoo.co.uk
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