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Apr 24, 2009 · Oracle, which is expected to significantly reduce Sun’s expenses, predicted that Sun will bring $1.5 billion in operating profit in its first year as part of the combined company.
Apr 20, 2009 · Oracle plans to acquire Sun Microsystems Inc. for $7.4 billion, picking up what might prove to be a software treasure trove that includes the popular MySQL open-source database as well as Java.
Feb 11, 2016 · Sun Microsystems, once the darling of Silicon Valley, started to experience problems in the mid-2000's when the emergence of commodity Linux x86-based servers, the rise in popularity of Open ...
Aug 20, 2009 · The deal was originally announced in April, shortly after IBM has abandoned its bid to buy the software developer and hardware manufacturer. As per the planned transaction, Oracle has agreed to buy Sun Microsystems’ shares for $9.50 each. Sun Microsystems’ stock holders have approved the transaction on July 16, 2009.
May 20, 2015 · Lastly, Oracle couldn't afford to not buy Sun. Allowing Java to languish or fall into the hands of a major competitor would have had potential risks far greater than the cost of the Sun ...
Apr 20, 2009 · Oracle, not IBM, will be buying Sun Microsystems. Oracle and Sun announced Monday that they have entered into a definitive agreement under which Oracle will acquire Sun common stock for $9.50 per ...
Dec 7, 2023 · Some say it was the market’s fault, others point to the missteps within. But they all nod in agreement: what happened to Sun Microsystems wasn’t just one thing. It was a storm of ’em. FAQ On What Happened To Sun Microsystems Why did Sun Microsystems collapse? It’s like, Sun was this tech giant, right? But they kinda missed the boat on a ...