Oracle: Justice Dept OK's Sun acquisition; go-ahead still needed from European CommissionAugust 20th, 2009 Oracle: Justice Dept OK's Sun dealSAN FRANCISCO — Business software maker Oracle Corp. said Thursday it has received the Justice Department's approval to move forward with its $7.4 billion acquisition of former dot-com-era star Sun Microsystems Inc.
Justice Department wants more information about Oracle's takeover of Sun MicrosystemsJune 27th, 2009 Regulators extend review of Oracle's Sun takeoverREDWOOD SHORES, Calif — The Department of Justice wants more information about Oracle Corp.'s planned takeover of computer server maker Sun Microsystems Inc., extending the agency's review of the $7.4 billion deal. Software maker Oracle said in a statement Friday that the Justice Department has extended its initial 30-day review period to seek additional information.
Sun posts $147M loss for the April-June quarter as Oracle takeover loomsAugust 29th, 2009 Sun posts $147M loss as Oracle deal loomsSAN FRANCISCO — Server and software maker Sun Microsystems says it lost $147 million in the April-June period as sales dropped 31 percent. The numbers reflect what might be Sun's last full quarter as an independent company.
Sun Microsystems stockholders approve $7.4B takeover by OracleJuly 16th, 2009 Sun shareholders approve $7.4B Oracle dealSAN FRANCISCO — Sun Microsystems Inc.'s shareholders have approved the $7.4 billion sale of the struggling company to business software maker Oracle Corp. About 62 percent of Sun's shares were cast in favor of the deal at a special meeting Thursday.
Microsoft-Yahoo deal draws antitrust probeSeptember 11th, 2009 SAN FRANCISCO - The US Department of Justice is looking into the advertising and search alliance between Microsoft and Yahoo, the companies said Friday. Yahoo and Microsoft, which trail a distant second and third respectively to Google in the internet search market, announced their deal in late July in a bid to combine forces and challenge the web giant.
Oracle President Safra Catz talks about weakness in EuropeSeptember 16th, 2009 On the Call: Oracle President Safra CatzOracle Corp. managed to meet Wall Street's profit forecasts in the fiscal first quarter despite a drop in sales that was caused in large part by weakness in Europe, the Middle East and Africa, a region where revenue was down about 10 percent from last year to $1.64 billion.
Summary Box: EU applies brakes to Oracle-Sun deal on questions about database marketSeptember 3rd, 2009 Summary Box: EU applies brakes to Oracle-Sun dealSLOW DOWN: European Union regulators are launching a formal antitrust investigation into Oracle Corp.'s proposed $7.4 billion takeover of Sun Microsystems Inc. Oracle expected to complete the acquisition this summer, but European regulators now have until Jan.
EU says it must check that Oracle takeover of Sun will not hike prices for database softwareSeptember 3rd, 2009 EU probes Oracle's bid to buy SunBRUSSELS — European Union regulators on Thursday launched an antitrust probe into U.S. software maker Oracle Corp.'s takeover of Sun Microsystems Inc., saying they wanted to make sure Oracle was committed to developing Sun's rival open-source database software MySQL.
Dell gets EU approval to receive €54.5 million from Polish government for new plantSeptember 23rd, 2009 Dell wins EU OK to get €54.5 million Polish aidBRUSSELS — Dell Inc. won EU approval Wednesday to receive a €54.4 million ($80.4 million) subsidy from the Polish government to build a new plant there, replacing Ireland as the computer maker's new European manufacturing hub.
SPSS says antitrust inquiry period ended; shareholders to vote on $1.2 billion IBM purchaseSeptember 9th, 2009 SPSS passes antitrust review over IBM purchaseCHICAGO — Business software provider SPSS Inc. said Wednesday the waiting period for an antitrust inquiry has expired, clearing one of the hurdles to its purchase by IBM Corp.
Dell gets EU approval to receive euro54.5 million from Polish government for new plantSeptember 23rd, 2009 Dell wins EU OK to get euro54.5 million Polish aidBRUSSELS — Dell Inc. won EU approval Wednesday to receive a euro54.4 million ($80.4 million) subsidy from the Polish government to build a new plant there, replacing Ireland as the computer maker's new European manufacturing hub.
Verizon offers direct connections through Mumbai, Chennai gatewaysFebruary 28th, 2009 WASHINGTON - Verizon Business, a global leader in communications and IT solutions, plans to offer direct connections to one of the world's largest global networks through its two international gateways in Mumbai and Chennai. This follows approval from the India government's Department of Telecommunications to operate these under its international long-distance license, the New Jersey based company announced Friday.
Voter group asks Justice Dept. to halt Diebold voting machine sale to competitorSeptember 30th, 2009 Voter group challenges Diebold voting machine saleWASHINGTON, D.C. — A voter advocacy organization asked the U.S.
Sun Microsystems' share of the server market slips as rivals exploit fears about Oracle dealSeptember 1st, 2009 Sun's server share hit as antitrust scrutiny loomsSAN FRANCISCO — Uncertainty about Sun Microsystems Inc.'s future appears to have contributed to serious erosion in the company's market share for computer servers in the latest quarter, according to new data being released Wednesday. The latest numbers from market-research firm IDC show that Sun's market share in servers stood at 10 percent in the second quarter, down more than a full percentage point from the same period last year.
Sun absorbs $147M loss in sign of choppy finances that forced sale to OracleAugust 29th, 2009 Sun absorbs $147M loss as Oracle deal loomsSAN FRANCISCO — Sun Microsystems Inc. recorded a $147 million loss while sales eroded 31 percent in the April-June period, likely the server and software maker's last full quarter as an independent company.
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