Sun turns down $7B IBM deal but takes the Oracle Dean.. damn.

 

From: JDJ Industry Newsletter [mailto:[email protected]] 
Sent: Monday, April 20, 2009 5:04 PM
To: [email protected]
Subject: Oracle Buys Sun for $7.4BN

 


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Today's Headlines 

April 20, 2009 

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Industry Highlight:
Oracle <http://mailman.sys-con.com/t/1093053/22602972/2511/0/>  Buys Sun

SYS-CON Events: 
4th <http://mailman.sys-con.com/t/1093053/22602972/2512/0/>  International
Cloud Computing Conference & Expo, 2-4 November 2009: Call for Papers

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Oracle-Sun: <http://mailman.sys-con.com/t/1093053/22602972/2516/0/>
Schwartz Is Toast - Miko Matsumara 
"Mark my words, Schwartz is toast" - But will McNealy return to the helm?
By Java News Desk
(April 20, 2009) - According to Web visionary and SOA expert Miko Matsumara,
there was only one certain result of there being two board factions at Sun
Microsystems, one in favor of the IBM deal (the Jonathan Schwartz faction)
and the other opposing (the Scott McNealy faction): "Mark my words, Schwartz
is toast, IBM deal or no deal," declared Mastumara recently in his 'SOA
Thoughts' blog. Now that Oracle has bought Sun instead, will the same apply?


Oracle-Sun: <http://mailman.sys-con.com/t/1093053/22602972/2517/0/>
Jonathan Schwartz Writes His Toughest Ever Email
"This proposed acquisition totally redefines the industry," he writes staff
By Java News Desk
(April 20, 2009) - "To me, this proposed acquisition totally redefines the
industry," wrote Jonathan Schwartz this morning to Sun's employees in a
company-wide email announcing the acquisition of Sun by Oracle. Among other
remarks, Schwartz adds: "Let me assure you [Oracle is] single minded in
[its] focus on the one asset that doesn't appear in our financial
statements: our people."

 


 

 



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Sun-Oracle: <http://mailman.sys-con.com/t/1093053/22602972/2518/0/>  $7.4BN
Deal Will Close Already This Summer 
More Profitable Acquisition Than BEA, PeopleSoft and Siebel Combined 
By Java News Deski
(April 20, 2009) - "We estimate that the acquired business will contribute
over $1.5 billion to Oracle's non-GAAP operating profit in the first year,
increasing to over $2 billion in the second year," said Oracle's President
Safra Catz, after the board of both Oracle and Sun unanimously approved the
acquisition of Sun by Oracle for $7.4 billion in a deal anticipated to close
this summer, subject to Sun stockholder approval, certain regulatory
approvals and customary closing conditions. 

Oracle-Sun: Early Round-Up of What the Blogosphere is
<http://mailman.sys-con.com/t/1093053/22602972/2519/0/%20>  Saying 
A brief selection of what's being written around the Web about the deal 
By Java News Desk
(April 20, 2009) - "Casualties? Java and MySQL for sure, and perhaps Sun's
hardware business," says CyberTech Rambler; "Oracle can utilize Sun's
Solaris and Java platforms....However the future of MySQL has not been
mentioned and may not be so rosy," notes Steve Kennedy. The blogosphere is
abuzz with news and views in the wake of Oracle's intended acquisition of
Sun for $7.4BN announced this morning.

        

 

 



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