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Sun Microsystems

Oracle Top Execs Answer Sun Employee Questions 207

The Register writes "Sun invited Oracle president Charles Phillips and chief corporate architect Edward Screven to an employee-only town hall this Wednesday, where they took questions on what's coming. They said they'd be 'crazy' to close Java, that Oracle 'needs' MySQL, and all Sun's processors look appealing. They hedged on OpenOffice — Phillips said he couldn't comment on any product line — and on Sun's work in high-performance computing. Screven made it pretty clear the Sun vision of cloud computing does not fit with Oracle's; Oracle sees itself as a provider of infrastructure like virtualization to make clouds, not a provider of hosted services. As for who's staying and who's getting cut at Sun: Phillips said Oracle needs Sun, but warned 'tough decisions' will be coming. Don't forget, this is the company that couriered pink slips to the PeopleSoft staff it cut following that acquisition."
Sun Microsystems

Oracle Buys Sun 906

bruunb writes "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. 'We expect this acquisition to be accretive to Oracle's earnings by at least 15 cents on a non-GAAP basis in the first full year after closing. 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. This would make the Sun acquisition more profitable in per share contribution in the first year than we had planned for the acquisitions of BEA, PeopleSoft and Siebel combined,' said Oracle President Safra Catz."
Sun Microsystems

What If Oracle Bought Sun Microsystems? 237

snydeq writes "Fatal Exception's Neil McAllister believes Oracle is next in line to make a play for Sun now that IBM has withdrawn its offer. Dismissing server market arguments in favor of Cisco or Dell as suitors, McAllister suggests that MySQL, ZFS, DTrace, and Java make Sun an even better asset to Oracle than to IBM. MySQL as a complement to Oracle's existing database business would make sense, given Oracle's 2005 purchase of Innobase, and with 'the long history of Oracle databases on Solaris servers, it might actually see owning Solaris as an asset,' McAllister writes. But the 'crown jewel' of the deal would be Java. 'It's almost impossible to overestimate the importance of Java to Oracle. Java has become the backbone of Oracle's middleware strategy,' McAllister contends."

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