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The acquisition of Sun Microsystems by Oracle Corporation was completed on January 27, 2010. After the acquisition was completed, Oracle, only a software vendor prior to the merger, owned Sun's hardware product lines, such as SPARC Enterprise, as well as Sun's software product lines, including the Java programming language.
Apr 20, 2009 · Oracle Corporation (NASDAQ: ORCL) and Sun Microsystems (NASDAQ: JAVA) announced today they have entered into a definitive agreement under which Oracle will acquire Sun common stock for $9.50 per share in cash. The transaction is valued at approximately $7.4 billion, or $5.6 billion net of Sun’s cash and debt.
Apr 20, 2009 · Updated: Oracle said Monday that it will buy Sun Microsystems for $9.50 a share in cash, or about $5.6 billion excluding debt, in a deal that plunges Larry Ellison & Co. into the hardware market....
On April 20, 2009, it was announced that Oracle would acquire Sun for US$ 7.4 billion. The deal was completed on January 27, 2010. [5] History. The initial design for what became Sun's first Unix workstation, the Sun-1, was conceived by Andy Bechtolsheim when he was a graduate student at Stanford University in Palo Alto, California.
Apr 21, 2009 · SAN FRANCISCO — Sun Microsystems’ scramble to find a suitor landed the slumping server and software maker in the arms of Oracle, which agreed to pay $7.4 billion in cash for Sun in a startling...
Jan 27, 2010 · Oracle announced Wednesday it completed its acquisition of Sun Microsystems in a deal valued at more than $7 billion, a move that transforms the database and business-software giant into a...
Apr 21, 2009 · In its acquisition of Sun Microsystems, Oracle sees a technology company that is a software gem, skillful in computer design and ripe for cost-cutting.