Archive for the 'Sun News' Category
Sun Stockholders to Vote on Oracle Deal July 16
Sun Microsystems stockholders will get their chance to vote on Oracle’s proposed $7.4 billion acquisition when they meet July 16 at Sun’s Santa Clara, Calif., campus. The deal would end more than seven months of negotiations between Sun and several interested suitors—including Oracle, IBM and HP—vying for Sun. Oracle CEO Larry Ellison has said his company will continue to invest in Sun’s Java technology, but there are questions around the future of Sun’s hardware business.
Oracle-Sun acquisition: marriage destined for divorce
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OpenSolaris Set to Rock 2009 CommunityOne Conference
Sun Microsystems, Inc. announced a series of OpenSolaris events taking place as part of the 2009 CommunityOne conference, June 1-3, 2009, at the Moscone Center in San Francisco. Full details on OpenSolaris activities at CommunityOne are available at: http://www.opensolaris.com/communityone/.
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Group aims to keep MySQL healthy
One of original authors of MySQL, Michael ‘Monty’ Widenius, has founded the Open Database Alliance, a consortium that aims to become the industry hub for the open source database.
The move was announced Wednesday. The two founding parties of the vendor-neutral consortium are Widenius’ engineering company, Monty Program, and the MySQL services and support company Percona.
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Is an IBM purchase of Red Hat inevitable?
Despite a bevy of questions—looming competition from Oracle, takeover rumors and a weak economy—Red Hat appears to be humming along, according to Jeffries analyst Katherine Egbert. But in the long run, Red Hat will have to be subsumed into a large company—most likely IBM.
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Oracle to Buy Sun
Sun Microsystems (NASDAQ: JAVA) and Oracle Corporation (NASDAQ: ORCL) 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.
Special Sun Section at The Register
Sun and Oracle: End of a beautiful dream
What Oracle Would Get With Sun Acquisition
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MySQL 5.4 Brings Scalability, Performance Improvements
Sun Microsystems took a moment last week, as it was getting prepared to be eaten by Oracle, to announce a new release of MySQL, the open source relational database management system it bought for $1 billion just over a year ago. MySQL 5.4 brings scalability enhancements for X64 and Chip Multi-threaded (CMT) servers, while general performance enhancements will help users running the software on all types of servers, including IBM Power Systems boxes.
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IBM Is Just Not That into a Deal with Sun
IBM is not interested in buying Sun at any price, reports say, and other potential suitors such as HP, Cisco, Intel and Dell are unlikely to come in as a white knight. So where does that leave Sun’s reseller channel partners?
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Sun Sparc guru splits for Redmond
In stunning blow to Sun Microsystems, the company’s lead chip designer, has resigned. And Marc Tremblay is reportedly taking a job at Microsoft.
Microsoft puts Sun’s Tremblay in SiArch
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Sun virtualization technology adds VM exports
Sun has added support for the Open Virtualization Format (OVF) to the latest version of its “open source” desktop virtualization software.
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Oracle and HP proposed joint Sun dismemberment deal
Oracle and Hewlett-Packard are believed to have made a joint offer for Sun Microsystems in a deal totaling more than $2bn.
Under the deal, database giant Oracle would have taken Sun’s software portfolio for $2bn, leaving HP with Sun’s vast Solaris, Sparc, and x86 server products, manufacturing and distribution, and user base.
A potential deal between the three is understood to have been blocked by IBM, in the middle of talks to buy the whole of Sun for a reported $6.5bn.
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Sun sells two Constellation supers for $30m
Sun Microsystems may be keeping quiet as lawyers apparently work out the details of a sale to IBM, but the company has made one announcement: a $30m deal to sell two of its “Constellation” supercomputers to support weather forecasting and academic research in Australia.
Sun will install two complete Constellation systems, with more than 2,500 blade servers based on the impending “Nehalem EP” Xeon 5500 processors from Intel, which will be launched next Monday.
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Otellini: ‘I’d rather have Sun be independent’
Another IT head honcho has put his two cents out there about the rumored acquisition of Sun Microsystems by rival IBM.
This time, it is Paul Otellini, president and chief executive officer at Intel, who was speaking to company employees earlier this week about freezing the salaries of its highest paid workers and repricing the stock options for employees that are underwater thanks to the economic meltdown and the ensuing decline on Wall Street.
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