Oracle buys sun ... time to buy some Oracle shares

Submitted by kurtvm on Mon, 04/20/2009 - 12:03.

oracle
sun

It seems Oracle succeeded where IBM failed :

http://www.oracle.com/sun/index.html

"On April 20, 2009, Oracle announced it has entered into an agreement to acquire Sun Microsystems (Sun). The proposed transaction is subject to Sun stockholder approval, certain regulatory approvals and customary closing conditions. Until the deal closes, each company will continue to operate independently, and it is business as usual.

The acquisition combines best-in-class enterprise software and mission-critical computing systems. Oracle plans to engineer and deliver an integrated system—applications to disk—where all the pieces fit and work together so customers do not have to do it themselves. Customers benefit as their system integration costs go down while system performance, reliability and security go up.

Read the press release

Investor Conference Call
There will be a conference call to discuss the transaction at 5:30 a.m. Pacific time.

Investors can listen to the conference call by dialing +1.719.234.7870, passcode: 923645
A replay will be available for 24 hours after the call ends at +1.719.884.8882, passcode: 923645"

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Oracle buys sun ... time to buy some Oracle shares