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 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.
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.
Sun Microsystems: We may have broken US anti-bribery law; Oracle: We Knew it May 9th, 2009 Sun Micro: We may have broken US anti-bribery law
SAN JOSE, Calif. — Sun Microsystems Inc.
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.
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 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.
Oracle sales down as businesses tighten beltsSeptember 16th, 2009 SAN FRANCISCO - Business software maker Oracle reported a 5 percent decline in quarterly revenue Wednesday as businesses held off on buying new software. The Silicon Valley company said its sales dropped to $5.1 billion, but the company managed to increase profits by 8 percent to $1.1 billion, compared to $1.07 billion in the year-ago quarter.
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.
As Oracle prepares to buy it, Sun's loss widens on a 20-percent sales dropApril 29th, 2009 As Oracle readies takeover, Sun's loss widensSAN FRANCISCO — Sun Microsystems Inc.'s loss ballooned in the latest quarter as restructuring charges and a 20 percent drop in sales compounded the financial woes Oracle Corp. is set to inherit by acquiring Sun for $7.4 billion.
Board of computer network gear maker Emulex rejects unsolicited takeover bid by rival BroadcomMay 4th, 2009 Emulex board rejects Broadcom takeover bid
COSTA MESA, Calif. — Computer network gear maker Emulex Corp.
Sun Microsystems expects fiscal 4th-quarter results below Wall Street estimatesJuly 14th, 2009 Sun Micro expects 4Q results below estimatesSANTA CLARA, Calif. — Sun Microsystems Inc.
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.
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.
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.
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