From the May 2009 Issue of Prestwood eMag   Industry General News & Trends: Oracle Buys Sun: Java Under New Management By Mike Prestwood 4/22/2009    Tags: , IT Water-Cooler for Power-Users, Computer Industry, General News & Trends

Oracle to purchase Sun Microsystems for $7.4 billion. The driving force behind this deal was Oracle's desire to acquire Java and Solaris.

Oracle signed a deal to purchase Sun Microsystems for $7.4 billion. This move means Oracle is now in the hardware and server OS businesses for the first time. The move follows a failed attempt by IBM to purchase Sun Microsystms. It also follows Oracle's purchases of several companies in the last few years, including Siebel, PeopleSoft, and BEA Systems.

According to reports, Oracle CEO Larry Ellison said in a conference call on Monday that Java and Solaris were the two main reasons Oracle purchased Sun. This move raises Oracle's number of employees from about 85,000 to 115,000.

Since the deal was based on Oracle's desire for Java and Solaris, the fate of Sun's other products is unknown. Oracle now owns Sun's lesser known products including MySQL and OpenOffice.org.

News Contributed By Prestwood staff member Mike Prestwood:

mprestwood► Email Approved! E CA USA Mike Prestwood is a drummer, an author, and creator of the PrestwoodBoards online community. He is the President & CEO of Prestwood IT Solutions. Prestwood IT provides Coding, Website, and Computer Tech services. Mike has authored 6 computer books and over 1,200 articles. As a drummer, he maintains play-drums.com and has authored 3 drum books. If you have a project you wish to discuss with Mike, you can send him a private message through his PrestwoodBoards home page or call him 9AM to 4PM PST at 916-726-5675 x205.

Comments

Add Comment