Monday, January 25, 2010

Oracle wins unconditional EU approval for Sun buy

Oracle Corp won unconditional European Union approval on Thursday for its $7 billion takeover of Sun Microsystems, a month after offering public pledges to sooth regulatory concerns.

The acquisition will reshape the high-tech landscape, with world No. 2 business software maker Oracle moving into the hardware business. Sun is the top player in the $17 billion high-end computer server market.

To read more


No comments:

Post a Comment