Oracle announced it has entered into an agreement to acquire Sun Microsystems
By JuergenKress on Apr 20, 2009
Oracle and Sun
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.
There are substantial long-term strategic customer advantages to Oracle owning two key Sun software assets: Java and Solaris. Java is one of the computer industry’s best-known brands and most widely deployed technologies, and it is the most important software Oracle has ever acquired. Oracle Fusion Middleware, Oracle’s fastest growing business, is built on top of Sun’s Java language and software. Oracle can now ensure continued innovation and investment in Java technology for the benefit of customers and the Java community.
For details please visit http://www.oracle.com/sun:
• Read the press release
• Listen to the webcast replay
• Letter to customers and partners from Charles Phillips, President, outlining the benefits of the combination
•Overview and Frequently Asked Questions (PDF) for customers and partners
•Learn more about what the combination of Oracle and Sun (PDF) will mean for our you.