Monday, April 20, 2009

The Sun sets on Oracle

Sun Microsystems (NASDAQ: JAVA) and Oracle Corporation (NASDAQ: ORCL) 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 debt.
Talk about a dog's breakfast of identity management products now! I wonder how this will all work out for the customers? Oracle has been getting high marks from the analysts so will the Sun IDM suite go by the wayside? Or, will this only mean confusion for the next 18-36 months? Or both?!

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1 comment:

Uprety said...

IT will be interesting to see what part of SUN or Oracle IDMS component will be left.