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On April 20, 2009, Sun and Oracle announced that they had entered into a definitive agreement under which Oracle would acquire Sun for $9.50 a share in cash. Net of Sun's cash and debt, this amounted to a $5.6 billion offer from Oracle.
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 $5.6 billion excluding debt, in a deal that plunges Larry Ellison & Co. into the hardware market....
However, by the time the company was acquired by Oracle Corporation, it had outsourced most manufacturing responsibilities. On April 20, 2009, it was announced that Oracle would acquire Sun for US$ 7.4 billion. The deal was completed on January 27, 2010.
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...
Apr 20, 2009 · Oracle Corp. has agreed to buy Sun Microsystems for $7.4 billion, the companies said this morning, putting a new twist on the emerging battle for the enterprise data center. The deal comes just weeks after the collapse of a bid by IBM to purchase Sun at a similar price point.
Apr 20, 2009 · Oracle Corp. 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...
