Home > Developer > Oracle

Turn: Oracle will acquire Sun Microsystems for $7.4 billion

Source: Internet
Author: User
Developer on Alibaba Coud: Build your first app with APIs, SDKs, and tutorials on the Alibaba Cloud. Read more ＞

Sina financial news Beijing time on Monday evening news, Oracle (orcl) announced that it will be at $9.50 per share, a total of $7.4 billion in cash price of Sun Micro System (Java ).

The transaction price is 6.69 higher than sunsun's closing price of $ 42% on Friday, that is, $2.81.

Oracle said the deal was worth $5.6 billion after Sun's cash and debt were deducted.

IBM previously made a price of $9.40 per share to acquire Sun, but earlier this month, after sun canceled IBM's exclusive rights of negotiation, the deal between the two sides broke down.

Oracle said it would increase its earnings per share by at least 15 cents in the first year after the transaction is completed.

This transaction has been approved by Sun's board of directors. Oracle expects the transaction to be completed this summer.

Source: http://finance.sina.com.cn/stock/usstock/c/20090420/20246126174.shtml

This article is an English version of an article which is originally in the Chinese language on aliyun.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to info-contact@alibabacloud.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Keywords:
sun oracle suffix for million or billion unified microsystems trident microsystems mutex acquire net acquire scjp sun certified programmer for java 6
Related Article
An array of Oracle

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

What's Trending
Top 10 Tags
datastax versions naming convention zookeeper client class definition md5 microsoft sql server 2005 data structures exception handling error handling
Top 10 Keywords
microsoft download center down wordpress address url site address url wordpress address url windows installer 4 0 download 302 not found web address url definition site address url wordpress db2 integer mac os installation step by step pdf abbreviation for return

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

Get Started for Free

  • Sales Support

    1 on 1 presale consultation

    Chat Contact Sales

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

    Open a Ticket

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.

    Learn More