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Oracle To Buy Sun
REDWOOD SHORES, Calif., April 20, 2009 — Oracle Corporation (NASDAQ: ORCL) and Sun Microsystems (NASDAQ: JAVA) announced today they have entered into a definitive agreement under which Oracle will acquire Sun common stock for $9.50 per share in cash. The transaction is valued at approximately $7.4 billion, or $5.6 billion net of Sun’s cash and deb
Tags: acquisition, oracle, sun microsystemsWhere Are They Now? 25 Computer Products That Refuse to Die
Google uncloaks once-secret server
Unusually, the search giant designs its own servers. For the first time, Google unveils one publicly, showing a surprise built-in battery.
Tags: cluster, google, server designPure Digital (Flip Video) In Acquisition Talks with Cisco
San Francisco based Pure Digital Technologies, the seven year old company behind the Flip Video line of video cameras, is considering a sale of the company, multiple sources have confirmed. One interested buyer is rumored to be Cisco.
Tags: cisco, flip video, pure digitalMicrosoft Revenues Take a Big Hit; 5,000 to be laid off
Microsoft, moving up its second-quarter earnings release from this afternoon to right now, said its financial performance took a major hit, with revenue up only two percent, to $16.63 billion, about $900 million below earlier guidance.
Tags: microsoftSteve Jobs Probably Won’t Come Back to Apple
Steve Jobs’ medical leave from Apple is likely to be permanent, analysts say.
In a letter to Apple staff on Wednesday, Jobs said he was taking a five-month medical leave because his health issues are “more complex than I originally thought.”
In the note, Jobs promised to return to Apple in the summer, which many are hoping is true.
Tags: apple, iphone, ipod, steve jobs