Justice Dept says OK to Oracle's $7.4 billion deal for Sun; approval still needed in EuropeAugust 21st, 2009 Oracle says Justice Dept allows $7.4B 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.
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-Sun takeover won't hike prices for database softwareSeptember 3rd, 2009 EU opens probe into Oracle bid for SunBRUSSELS — European Union regulators have launched an antitrust probe into U.S. software maker Oracle Corp.'s takeover of Sun Microsystems Inc., saying the deal could mean higher prices and limited choice for database software.
Oracle to acquire Sun Microsystems for $7.4 billionApril 20th, 2009 REDWOOD SHORES - US-based software major Oracle Corp plans to acquire Sun Microsystems for $7.4 billion at $9.50 per share in a cash transaction, the two companies said Monday. 'We expect this acquisition to be accretive to Oracle's earnings by at least 15 cents on a non-GAAP (non-generally accepted accounting practices) basis in the first full year after closing,' Oracle president Safra Catz in a statement.
Preparing for Oracle buyout, Sun Microsystems expects quarterly results below estimatesJuly 14th, 2009 Prepping for Oracle, Sun predicts weak resultsNEW YORK — Sun Microsystems Inc. projected quarterly results below Wall Street estimates Tuesday, signaling it will clear some charges off its books ahead of its $7.4 billion acquisition by Oracle Corp.
Oracle, Sun link up for new database machine; in doing so, Oracle snubs HPSeptember 15th, 2009 Oracle, Sun link up for new product; HP snubbedSAN FRANCISCO — With the fate of its proposed $7.4 billion takeover of Sun Microsystems Inc. uncertain amid antitrust scrutiny, Oracle Corp.
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.
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.
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.
EU opens probe of Oracle-Sun deal, ending hopes for $7.4 billion deal to get done this summerSeptember 3rd, 2009 EU delays Oracle-Sun deal, probing database marketSAN FRANCISCO — Oracle Corp. figured its $7.4 billion buyout for Sun Microsystems Inc.
EU opens probe of Oracle-Sun deal, says it wants to ensure buyer choice in database softwareSeptember 3rd, 2009 EU probes Oracle-Sun deal, cites open-source issueSAN FRANCISCO — Oracle Corp. figured its $7.4 billion buyout for 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.
EU scales back Microsoft monitoring as compliance improvesMarch 4th, 2009 BRUSSELS - The European Union Wednesday scaled back its monitoring of Microsoft in a case concerning the software giant's publication of key communication codes, saying that the company's good behaviour meant that full-time supervision was no longer needed. The EU's executive, the European Commission, 'considers that the ongoing monitoring that is still necessary can be performed more appropriately with the help of technical consultants' than with a full-time monitor, a statement released in Brussels said.
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.
Microsoft gets more time to reply EU's antitrust chargesApril 17th, 2009 BRUSSELS - Microsoft had been given one more week to answer charges filed by the European Union (EU) that the US software giant abused its dominant market position by bundling Internet Explorer with Windows. A spokeswoman of the European Commission, the executive body of the EU, confirmed Thursday that Microsoft now has until April 28 to respond.