4 result(s) displayed (1 - 4 of 4):

Oracle-Sun Micro gets nod but question lingers (from Corporate Dealmaker)

Executives at Oracle Corp. (NASDAQ:ORCL) and Sun Microsystems Inc. (NASDAQ:JAVA) can breathe a little easier after the Department of Justice approved the $7.4 billion deal. The Justice Department's 30-day time frame for scrutinizing the acquisition was set to expire in early July, but the deadline was extended.Redwood City, Calif.-based Oracle...

Posted on August 21, 2009 9:53 AM

Oracle selling Sun unit? 2,200 workers would like to know (from Corporate Dealmaker)

Oracle Corp.'s (NASDAQ:ORCL) surprise $7.4 billion acquisition of Sun Microsystems Inc. (NASDAQ:JAVA) has some employees skittish about their future. Analyst speculation about Oracle possibly selling Sun's hardware business prompted Sun to file a proxy statement Thursday reiterating that "Oracle plans to grow the Sun hardware business after the closing."Still,...

Posted on April 24, 2009 10:55 AM

Oracle wants Java more than IBM did (from Corporate Dealmaker)

Oracle Corp. (NASDAQ:ORCL) surprised techies Monday, announcing it would acquire Sun Microsystems Inc. (NASDAQ:JAVA) for $7.4 billion in cash, a 42% premium to Sun's Friday close. The deal moves Oracle into the hardware market in a big way. ZDnet.com says Oracle has been dabbling in storage appliance with Hewlett-Packard...

Posted on April 20, 2009 8:49 AM

Sun Micro drops Google for old foe Microsoft (from Corporate Dealmaker)

Sun Microsystems Inc. and Microsoft Corp. have created a search alliance regarding Sun Micro's Java technology -- a striking development since Microsoft has paid more than  $2 billion over the years to settle lawsuits filed by Sun claiming it was misusing Java. The deal announced Monday calls for Sun...

Posted on November 10, 2008 4:09 PM