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.
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.
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.
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.
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.
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.
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.
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.
Oracle Aligns Itself More Closely With PHP DevelopersMay 23rd, 2005 Oracle integrates PHP scripting engine (dubbed "Zend Core for Oracle") with its 10g database and application server for building apps based on the open source development language. What remains to be seen is whether Oracle is shifting focus away from Java or just encompassing additional languages.
As Oracle prepares to buy it, Sun says its loss widened on restructuring, slumping salesApril 28th, 2009 Sun's loss widens on restructuring, slumping salesSAN 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.
Sun warns of earnings below expectations in fourth quarterJuly 15th, 2009 SAN FRANCISCO - Sun Microsystems has warned that earnings would fall below expectations in the fourth quarter, which is also likely to be its last as an independent company. A Silicon Valley pioneer whose servers helped form the basis of the Internet and still power many large enterprises, Sun is close to completing a $7.38 billion sale to Oracle Corp after a series of huge losses pushed down its share price.
Oracle Releases PeopleSoft Enterprise Performance Management 9August 30th, 2006 Oracle has continued its push into business intelligence analytics by releasing PeopleSoft Enterprise Performance Management 9. The release adds broader enterprise planning and compliance management capabilities, as well as more features specific to higher-education institutions, including a Campus Solutions Warehouse module.
Oracle profit rises 4 pct, matching Street views, despite 5 percent sales dropSeptember 16th, 2009 Oracle net rises 4 pct, matching Street viewsSAN FRANCISCO — Oracle Corp. says its quarterly profit rose 4 percent despite a 5 percent drop in sales.
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.
May 9th, 2009 at 7:32 am
Excellent Blog. I’ve been reading along and just wanted to say hi. I will be reading more of your posts in the future.
- Jason.