20 Apr Oracle's Sun buy: Ellison praises Solaris, thumbs nose at IBM
Posted at 17:05h in Digest, IT 0 Comments
Oracle Corp. may have decided to buy Sun Microsystems Inc. because it is worth far more to the database market leader than it was to IBM. It’s not a question of the price — at $7.4 billion, Oracle didn’t agree to pay much more than what IBM was reportedly considering. But Oracle may have more use for Sun’s technology than IBM ever did.
In explaining his decision to make the acquisition today, Oracle CEO Larry Ellison boiled down Sun into a company of two key assets: Java and the Solaris operating system.
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