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Posted Mar 18, 2009

IBM in Talks to Buy Sun Microsystems

      

From the IBMySQL dept.:
IBM is reportedly in talks to acquire struggling Sun Microsystems for at least $6.5 billion, giving it new weapons against market rivals Hewlett-Packard and the increasingly aggressive Cisco Systems.

Sun, which reorganized into three business units and laid off more than 6,000 employees last fall after reporting a nearly $2 billion loss, has been struggling to find its place in the marketplace as the demand for its high-end servers and storage devices declines.

channelinsider.com
Login/Become a Member! | 2 Comments
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Re: IBM in Talks to Buy Sun Microsystems (Score: 1)
by maryannt on Jun 05, 2009 - 01:35 AM
This issue has long been out in the market but although sun micro is in the verge of losses, obviously they are not interested on IBM's offer




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