Oracle Corporation Acquires Sun Microsystems

By Brian - 04/20/2009 2:09:46 PM

For a package worth $7.4 billion, Oracle Corporation has officially acquired Sun Microsystems. 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 [...]

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Categories: Business, Mobile News | / Tags: computer industry, database oracle, java community, java language, oracle corporation, oracle database, oracle president, sun acquisition, sun microsystems, sun software, sun solaris operating system





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