Archive for the 'In The News' Category

Well folks, as you’ve no doubt already read in the press (Oracle’s office news), Sun Microsystems ceased to exist as a separate legal entity yesterday. Sun Microsystems is now a wholly-owned subsidiary of Oracle.
And to mark the end of the era, I took a snapshot of the stock price and graph over Sun’s history…

Hmmm, [...]

Woohoo!!! Finally, the EU has given Oracle the thumbs-up for their purchase of Sun…
Larry Ellison’s Oracle won an all-clear from Europe’s top antitrust official to proceed with its $7.4 billion purchase of Sun Microsystems after reaching a verbal agreement to protect a piece of software at the heart of a months-long dispute.
The final approval is [...]

If you’re not in the US, you’re not likely to see this advert Oracle are placing on the front page of the Wall Street Journal…

Looks like Sun is going to be left in limbo for just a little bit longer now. The EU have decided they need to investigate the acquisition in more depth and cite a very good reason…
The commission has to examine very carefully the effects on competition in Europe when the world’s leading proprietary database [...]

It’s a sad day in the history of Sun Microsystems…
SANTA CLARA, CA July 16, 2009 Sun Microsystems, Inc. (NASDAQ: JAVA) announced that at a special meeting of stockholders held on July 16, 2009, its stockholders adopted the merger agreement entered into with Oracle Corporation, under which Oracle will acquire Sun common stock for $9.50 per [...]

Finally the “behind the scenes” details of Sun’s little dating game (ie hawking itself off) have been made public in the proxy statement Sun is required to file as part of the acquisition.
The Register gives a summarized explanation of the shenanigans if you don’t want to read through the whoooole looooong proxy report.
One thing that [...]

If all goes well, it looks like Larry Ellison is soon to become my new Big Boss following the news that Oracle has agreed to buy Sun Microsystems for the sum of $9.50 a share (I got this email too).
I must say I’m a lot more comfortable with the idea of Oracle, a software [...]

I was just checking the Sun share price this morning and nearly had a heart-attack. I noticed the share price had jumped significantly in pre-market trading:

I glanced across to the sidebar in Google finance and it’s awash with stories about IBM being in talks to buy Sun Microsystems. They all reference the same [...]

Ahead of today’s Macworld keynote speech it’s been revealed Apple will be introducing a revolutionary new laptop with no keyboard. Instead it’ll have a giant touch wheel…
Apple Introduces Revolutionary New Laptop With No Keyboard
You’ve got to love The Onion.