Published January 27, 2010 at 3:48 PM
"It's a very different business that Sun and Oracle are in," said Peter Falvey, co-founder of tech bank Revolution Partners LLC, a division of Morgan Keegan & Co., in a video interview with The Deal. "Oracle is used to selling software, which has very different margins and a very different sales process than Sun. They're not necessarily going to be able to cross-sell as easily as people think they're going to." With the closing of its long-delayed $7.4 billion acquisition of Sun Microsystems Inc. (NASDAQ:JAVA) on Wednesday, Oracle Corp. (NASDAQ:ORCL) begins a dramatic and risky transformation from a company that makes software to one that also makes hardware. The Deal Pipeline subscribers may read more. Watch the video below or download it on iTunes. - Mary Kathleen Flynn
Ken deRegt will retire as head of fixed income at Morgan Stanley and be replaced by Michael Heaney and Robert Rooney. For other updates launch today's Movers & shakers slideshow.
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