Posted on 03/18/2009 2:58:16 AM PDT by Zakeet
International Business Machines (IBM.N) is in talks to acquire Sun Microsystems (JAVA.O), the Wall Street Journal said, citing people familiar with the matter.
IBM is likely to pay at least $6.5 billion in cash to acquire Sun, the people told the paper.
That would translate into a premium of about 100 percent over Sun's closing price Tuesday of $4.97 a share on the Nasdaq, the paper said.
(Excerpt) Read more at reuters.com ...
What in the world for?
Ugh.
I came from IBM. Politically Correct to the Max. Engineering decisions made in the manner of 17th Century Royal Court Politics. Eager to work with scumball countries like China and the Islamic Republics. Underhanded business dealings (See Sony Cell vs. MS XBox processor development write-ups).
Ugh.
Solaris, I'm guessing. And the customer base, weakening as it is.
ping
Solaris????
Crud, but I’d rather use AIX anyway.
The only other thought I could come up with was Sun’s workstation graphics.
Reaks of taking out a competitor, rather than a merger. Looks like Sun Micros about to be Compaq’d.
AIX, the IBM OS that runs on its servers, has been a direct competitor to Sun servers and its OS. IBM is just swimming around it like a pack of sharks smelling blood in the water.
Sun Microsystems has been a “zombie walking dead” company that never recovered from the dot com crash.
I won’t weep for Sun and their demise. It spent the last decade outsourcing everything to India and whining about Microsoft, rather than shutting up and trying to beat it with a superior product & sales.
It was a long running joke in the I.T. community that while it was still supposedly HQ’d in silicon valley and promoted as an american company, Sun Micros, “We put the dot, in dot com” ad campaign was about the dot on their foreheads.
Sun actually sells some decent server hardware. I think they’ve basically been out of the high-end graphics business for years (just like SGI). Sun’s Niagara line of processors is still pretty sweet though, depending on your application. It still kind of sucks to be a hardware designer these days *sigh*.
Sun has been in slow decline for the last decade at least. They never had engineering as good as the old Digital Equipment. It was competition (won handily by Digital)over who had the less capable management team through the late 80s and first part of the 90s until DEC was mercifully put out of its misery by Compaq/HP. Sun is a victim of its own internal naval gazing fascination with itself and a failure to realize that customers wanted more than just the latest technical gizmo. While technology is important, you have to educate the market on how they can turn that technology to their advantage. Especially, as technology itself became a commodity item.
Shouldn’t anti-trust laws kick in at some point?...no more institutions that are too big to fail please.
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