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Oracle to Buy Sun Microsystems

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#1
Sun Microsystems and Oracle Corporation announced today they have entered into a definitive agreement under which Oracle will acquire Sun common stock for $9.50 per share in cash. The transaction is valued at approximately $7.4 billion, or $5.6 billion net of Sun's cash and debt.
"We expect this acquisition to be accretive to Oracle's earnings by at least 15 cents on a non-GAAP basis in the first full year after closing. We estimate that the acquired business will contribute over $1.5 billion to Oracle's non-GAAP operating profit in the first year, increasing to over $2 billion in the second year. This would make the Sun acquisition more profitable in per share contribution in the first year than we had planned for the acquisitions of BEA, PeopleSoft and Siebel combined," said Oracle President Safra Catz.


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#2
When I worked in IT for a local internet provider they had Oracle there to work on a new new POS OS for the stores. They were some really nice people! Sorry this has nothing to do with the article but they taught me alot, and I didn't even have to pay them:)
 
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#3
Ibm...?
 
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#4
When I worked in IT for a local internet provider they had Oracle there to work on a new new POS OS for the stores. They were some really nice people! Sorry this has nothing to do with the article but they taught me alot, and I didn't even have to pay them:)
You get taught from Oracle people? Wow that is the first time I have ever heard something like that in my 12+ yrs of IT experience. Anybody working with Oracle related tools consider themselves as Creator of 'GOD' and there is nothing that can dissolve them in this Universe:mad:
 
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#5
I actually find this funny.

I spent the last 3 years running oracle 10g on SunFire X4600s and 11g RAC on SunBlade X6250 & X6450s.....Oracle was fine, but holy crap.....

I will never, ever, ever, ever, ever, ever:banghead: recommend Sun x86 hardware to anyone. If you want to run Oracle RAC, the last I heard was that the best bet was the Dell 1950 Rack Server (which is a fantastic machine by the way)

P.S. I have absolutely no beef with the Sun Sparc equipment.
 
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