Oracle Corp plans to buy Sun Microsystems Inc for more than $7 billion, after the high-end computer server and software maker’s talks with IBM fell apart.
In a surprise announcement on Monday, Oracle said it will pay $9.50 a share. Sun had previously turned down IBM’s offer to pay up to $9.40 a share, according to sources with knowledge of the matter…
Talks between Sun and Oracle began late on Thursday, according to a source with knowledge of the matter who spoke on condition of anonymity.
The two companies have been partners with more than two decades. Oracle’s Fusion Middleware, its fastest-growing business, is built on Sun’s Java software. Sun’s Solaris operating system is also a main platform for Oracle’s database business…
Sun’s board had unanimously approved the deal, which is subject to shareholder and regulatory approval.
Let the market analysis begin…






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Callers have inundated the phone lines of Tracy police, saying it can’t be. Veteran homicide and sex-crime researchers say they cannot recall a case quite like it. Even the investigators themselves looked at the evidence and initially said “no way.”
The investigators themselves, when first confronted with the evidence that pointed to Huckaby, were inclined to look for another suspect.













