Re: Oracle buys Sun, owns Java
On Mon, 20 Apr 2009, Mark Space wrote:
RedGrittyBrick wrote:
http://blogs.zdnet.com/BTL/?p=16598
"Oracle Corporation (NASDAQ: ORCL) and Sun Microsystems (NASDAQ: JAVA)
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. 'We expect this acquisition to be accretive to Oracle's
earnings by at least 15 cents on a non-GAAP basis in the first full year
after closing. We estimate that the acquired business will contribute over
$1.5 billion to Oracle's non-GAAP operating profit in the first year,
increasing to over $2 billion in the second year. "
<http://developers.slashdot.org/article.pl?sid=09/04/20/128246&from=rss>
I for one welcome our new database savvy overlords. ;)
Zoiks. Will take a while for all the implications of this to come out, i
think.
This chap:
http://blogs.zdnet.com/Gardner/?p=2903
Seems to think that (a) SPARC and (b) GlassFish are now dead technologies
walking. And MySQL. And NetBeans.
If Sun's chip business is as low-margin as he reckons, i can see Oracle
wanting to get rid of it. I certainly hope someone (perhaps HP, as he
suggests) buys it and makes a success of it - SPARC is a fine
architecture, and it would be a tragedy if it died out. We've already lost
Alpha and PA-RISC!
GlassFish losing out to WebLogic would also be a travesty. GlassFish is
the only thing currently giving JBoss a run for its money in the open
source arena, and that kind of constructive competition is essential to
keeping them both competitive with the commercial app servers.
MySQL and NetBeans suxx0r, though, so no tears there.
tom
--
wicked wicked jungle is massive i said wicked wicked jungle is massive
well big up cos this is the incredible genral -- fabien, sniffunsnuffun
town(scotland)