Just read the news.Oracle to buy Sun for $ 7.4 Billion or $ 5.6 Billion net of Sun's cash and debt.After the deal with IBM didn't worked out everyone was eager to know about who's the next.So the next came Larry Ellison and he seems to be the final one.As per Mr. Ellison
"The acquisition of Sun transforms the IT industry, combining best-in-class enterprise software and mission-critical computing systems,"
Read details of the news at Reuters:
http://www.reuters.com/article/companyNews/idUKTRE53J2HI20090420
On the other hand Reuters reports that Microsoft CEO Steve Ballmer is taken by sheer surprise with breaking of this news.He said
"I just learnt it ... I need to think about it. I am very surprised,"
In the days to come we will see how Oracle handles with different businesses of Sun.Sustains,Transforms or Destroys.Tech experts and journalists seemed to most worried about Sun's hardware business as it does not match with Oracles all existing line of business.Next subject of great worry is MySQL.This open source database has become increasingly popular overtime under the patronage of Sun.MySQL in that way clashes with Oracle's Oracle the core the database business.So will it be wise for them to continue to support an open source product which is a competitor to some extent of their own flagship product?
Let's see......
