After IBM ends bid, Oracle agrees to buy Sun for $7.4 billion
Redwood Shores, CA – After IBM recently ended a bid to acquire Sun Microsystems, Oracle Corp. announced this morning a $7.4 billion agreement to purchace Sun, which has developed Java, Solaris, and other software that helps connect manufacturing with the supply chain.
Oracle runs its middleware software suite on Sun technologies.
“The acquisition of Sun transforms the IT industry, combining best-in-class enterprise software and mission-critical computing systems,” says Oracle CEO Larry Ellison.
“Oracle will be the only company that can engineer an integrated system– applications to disk – where all the pieces fit and work together so customers do not have to do it themselves. Our customers benefit as their systems integration costs go down while system performance, reliability and security go up,” Ellison says in a company statement about the move.
Read more about the acquisition from MBT magazine . Here’s some MBT analysis .
Read more about the Sun purchase from Oracle .
browsers, controllers, web pages, and other technologies as a way to reduce system integration challenges, according to a 2005 Control Engineering article.