While we had an impression that IBM was the most interested to acquire Sun Microsystems, Oracle today announced that they have taken over Sun and will acquire the common stock for $9.50/share. The deal is valued around $7.4 billion which is almost a billion more than what IBM rumored to offer. The acquisition will […]
IBM looking to acquire Sun Microsystems for $6.5 Billion?
Looks like the tough times has made ailing Sun Microsystems to hunt out for buyers in recent months. Though HP is reported having turned down the Sun takeover, WSJ’s sources say that IBM is in talks to buy Sun for a staggering $6.5 billion. The rumored figure turns out to be 100% more than […]