Oracle buys Sun Microsystem for over $7 Billion
This is not hot new has it is known since 20th April. Oracle, on of the leaders in enterprise software buy of the leader in computing systems makes sense. Sun provide the best operating system, Solaris, for Oracle’s database product and many Oracle’s software rely on the Java language, developed by Sun.
“Oracle and Sun have been industry pioneers and close partners for more than 20 years,” said Sun Chairman Scott McNealy. “This combination is a natural evolution of our relationship and will be an industry-defining event.”
We will certainly see Oracle investing in Java for the benefits of the community and of course their clients.
The $7.4 Billion deal is expected to close this summer and will certainly be the biggest acquisition of 2009. Apparently IBM and Dell were also on the ball but missed the deal by undervaluing Sun’s shares.
Benoit Gilloz
Programmer, Research and Development
