March 18, 2009
IBM to Buy Sun Microsystems?
News reports indicate that IBM is interested in buying Sun Microsystems for $6.5 billion in cash. A number of reports suggest that it would be a good deal for both companies given their synergies in open source systems, servers, and databases. IBM would grow its market in government and telecommunications. IBM would acquire the Java programming language pioneered by Sun which is a popular alternative to Microsoft's .Net and VB for powering web pages as well as Sun's nascent cloud computing resources. Sun investors would see a tidy profit on the sale of the company, which has apparently suffered in the markets of late.
March 18, 2009 | Permalink
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