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January 27, 2010
- The acquisition of Sun Microsystems by Oracle Corporation was completed on January 27, 2010. [ 1]
en.wikipedia.org/wiki/Acquisition_of_Sun_Microsystems_by_Oracle_Corporation
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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 $5.6 billion net of Sun’s cash and debt.
However, by the time the company was acquired by Oracle Corporation, it had outsourced most manufacturing responsibilities. On April 20, 2009, it was announced that Oracle would acquire Sun for US$ 7.4 billion. The deal was completed on January 27, 2010. [5]
Apr 20, 2009 · Oracle buys Sun; Now owns Java; Becomes a hardware player. Updated: Oracle said Monday that it will buy Sun Microsystems for $9.50 a share in cash, or about $5.
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 ...
Jan 21, 2010 · The European Commission has officially approved the Oracle-Sun merger, paving the way for Oracle to take over Sun Microsystems in a deal valued at more than $7 billion.
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.