News is out that Oracle is buying Sun Microsystems for $7.4 billion. The acquisitions is happening through a purchase of Sun common stock for $9.50 a share.
Oracle is mostly interested in Sun’s holdings of JAVA, and probably some of the server hardware business. How does this impact us? Well, the future of products like the Sun Visualization System is uncertain, as Oracle probablyhas little to no interest in Visualization.
“The acquisition of Sun transforms the IT industry, combining best-in-class enterprise software and mission-critical computing systems,” said Oracle CEO Larry Ellison. “Oracle will be the only company that can engineer an integrated system – applications to disk – where all the pieces fit and work together so customers do not have to do it themselves. Our customers benefit as their systems integration costs go down while system performance, reliability and security go up.”
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