InfoAnda - IBM in talks to buy Sun Microsystems

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Rebels hunt for Gaddafi son Saadi in Tripoli hotel | | 25 August 2011
Karzai keeps big lead in new Afghan vote results | 1 September 2009
New Michael Jackson single prompts more controversy | | 9 November 2010

Suspected suicide attack kills at least 34 in Pakistan | | 19 August 2011

Forum Views () Forum Replies ()

Read more with google mobile : IBM in talks to buy Sun Microsystems | Technology |

My Profile Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > Technology > Article Home Business & Finance News U.S. Politics International Technology Internet Entertainment Sports Lifestyle Oddly Enough Environment Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters IBM in talks to buy Sun Microsystems Wed Mar 18, 2009 10:05am EDT Email | Print | Share | Reprints | Single Page [-] Text [+] By Ritsuko Ando and Anupreeta Das NEW YORK (Reuters) - IBM is in talks to buy Sun Microsystems Inc, sources with knowledge of the matter said, a move that could bolster the technology giant against rivals in the high-end computer server market. International Business Machines Corp is offering to pay at least $6.5 billion, or double Sun's Tuesday closing price of $4.97, The Wall Street Journal reported online earlier. Shares of Sun jumped 64 percent in pre-market trading to $8.16, while IBM shares fell 2 percent to $90.89. If they reach a deal, it would be IBM's largest-ever acquisition, and represent a departure from its recent strategy of focusing on deals to strengthen its software and services businesses, rather than hardware. Analysts saw the talks as part of a consolidation trend, as Hewlett-Packard Co, IBM and Cisco Systems Inc jostle for control of corporate data centers and compete to supply the high-end computers that power complex corporate transactions and networks. "It makes sense in an industry consolidation view, but looking at Sun's performance over the last couple of years, it's not one of my top picks for IBM to buy," said Jyske Bank analyst Robert Jakobsen, speaking from Denmark. "Having said that, there's clearly a huge synergy combining these two companies," he said. "The market hasn't been kind to Sun Microsystems in the last 12 months. So it's not an expensive acquisition in my view." Sun, which was not available for comment, has long been cited as a takeover target for IBM, HP, Dell Inc or Cisco, which introduced a comprehensive set of data center products earlier this week. Bankers have said Sun has been searching for a buyer in recent months. But the challenge of valuing Sun's intertwined software, hardware and services businesses could put off potential buyers, analysts say. Sun has never fully recovered from the dotcom bubble burst in the early 2000s, when demand for its servers cratered. IBM, which had nearly $13 billion in cash at the end of $2008, declined comment. Its largest acquisition to date is the $5 billion purchase of Canadian software maker Cognos in 2008. The Wall Street Journal said HP had declined to buy Sun, citing a person briefed on the matter. TECH SPENDING CUTS IBM was the top supplier of servers in the fourth quarter, with a market share of 36.3 percent, according to market researcher IDC. HP has 29.0 percent, followed by Dell with 10.6 percent, Sun with 9.3 percent, and Fujitsu with 4.2 percent. These five server vendors all posted declines in their fourth-quarter server revenue, hurt by pullbacks in corporate spending on technology due to the weak global economy. IBM's move, as well as Cisco's announcement on Monday, may signal a new wave of partnerships and acquisitions in the data center market as companies strive to provide more comprehensive products and services to their customers. Cisco's move could put into play data equipment maker Brocade Communications Systems Inc, infrastructure software maker Citrix Systems Inc and niche network optimization companies, such as Blue Coat Systems Inc and Riverbed Technology Inc, analysts said. Continued... View article on single page Share: Del.icio.us Digg Mixx Yahoo! Facebook LinkedIn Next Article: CANADA FX DEBT-C$ rises with risk tolerance, bonds gain also on reuters Blog: What has the average value investor been buying? Investors to Starbucks: Show me the savings Video Video: Bear Stearns: House of Cards More Technology News Apple unveils App options in iPhone software peek Google updates Chrome Web browser to boost speeds Sun Micro takes on Amazon in cloud computing Marvel, startup ink online gaming deal Group asks U.S. FTC to probe Google privacy safety More Technology News... Editor's Choice Slideshow A selection of our best photos from the past 24 hours. Slideshow Most Popular on Reuters Articles Video AIG CEO defends bonuses as public fury mounts | Video U.S. capital struggles to contain HIV epidemic China's last eunuch spills sex secrets U.S. turns up heat on Madoff clan, wants assets Owners skulking away from "underwater" U.S. homes Apple unveils App options in iPhone software peek WRAPUP 4-U.S. Congress eyes AIG bonus tax, CEO to testify Chuck Norris sues, says his tears no cancer cure "Family Guy" wins court battle over song World Bank cuts China 2009 GDP forecast to 6.5 percent Most Popular Articles RSS Feed Video Space Shuttle docks Natasha Richardson injured Congress on AIG bonuses Deadly ebola scare Pope's anti condom AIDS stance The weight of AIG Japan robots hit catwalk Entrepreneur pushes limits of slums Global recession hits moon sales Washington welcomes Ireland Most Popular Videos RSS Feed column Have high-powered computers saved Sun? Eric Auchard Sun Microsystems Inc, the darling of the dot-com boom, never really recovered from the bet it made on high-powered computers used to run the first generation of Internet datacenters. Commentary Reuters Deals The global destination for corporate leaders, deal-makers and innovators Knowledge to Act Reuters.com: Help and Contact Us | Advertise With Us | Mobile | Newsletters | RSS | Interactive TV | Labs | Reuters in Second Life | Archive | Site Index | Video Index Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers International Editions: Africa | Arabic | Argentina | Brazil | Canada | China | France | Germany | India | Italy | Japan | Latin America | Mexico | Russia | Spain | United Kingdom | United States Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Wednesday, 18 March 2009
Israel to keep pressure on Gaza after talks stall | International |
Verdict in Austria incest trial expected Thursday | International |
Bashir to be held responsible for aid ouster: U.S. | International |
Nations line up to slam big powers' UN veto rights | International |
U.S. says Iran increasing activity in Latin America | International |
Apple fills some gaps with new iPhone features | Technology |
Google to roll out free tool to help save energy | Technology |
U.N. advises governments how to stop Internet drug peddling | Technology |
Expedia shares gain on Google takeover talk | Technology |
Discovery sues Amazon's Kindle | Technology |
Bob Dylan's toilet smell blows in the wind | Entertainment |
Andy Warhol's Wide World comes to Paris | Entertainment |
Opposition leader takes power in Madagascar | International |
Israeli PM says Hamas price for soldier too high
S.Korea warns of action if North blocks border again | International |
Iraq govt calls for death sentences to be ratified
U.N. official says U.S. demonizes Iranian leader | International |
Olmert: Israel rejects Hamas demands for soldier
Case packed with TNT found in Tibet capital: report | International |
AIG storm rages in Washington
Iraq Qaeda group slams Obama withdrawal as ploy
Japan to ready defense against North Korea rocket: Kyodo | International |
Injured actress Richardson flown to US: hospital
Israel-Hamas prisoner swap talks sink
Pope in Africa reaffirms no condoms against AIDS | International |
Act now on floods, drought, says forum
Israel says Gaza blockade goes on until soldier freed
Chavez readying artillery for Americas summit | International |
Iran: Leading candidate vows Islamic-based reform
Colombian FARC rebels free Swedish kidnap victim | International |
Blind Iraqi girl struggles despite offers of help
U.S. increases pressure on Sudan after expulsions | International |
Theory combats accepted wisdom on Dead Sea Scrolls
Iraq urges execution of Saddam-era officials
Act now on floods, drought, says forum
Apple unveils App options in iPhone software peek | Technology |
Top UN official says US demonizing Iran leader
Google updates Chrome Web browser to boost speeds | Technology |
Obama to name Sudan special envoy: official
Sun Micro takes on Amazon in cloud computing | Technology |
Seattle Post-Intelligencer dies, reborn online
US military deaths in Afghanistan region at 591
Group asks U.S. FTC to probe Google privacy safety
Chavez preparing 'artillery' for Americas summit
Discovery sues Amazon's Kindle
Beshir 'responsible' for deaths in Darfur: Clinton
New iPhone software has copy-paste, no Flash
Group asks U.S. FTC to probe Google privacy safety | Technology |
Apple unveils App options in iPhone software peek
St. Patrick's revelers in US fete all things Irish
Google News, EPA members in partnership agreement
Colombian rebels free Swedish hostage: official
Correction: Liberians-Waiting Game
U.N. advises governments how to stop Internet drug peddling
Moscow court refuses to stop Khodorkovsky trial
Study cautions against relying on Arab kingdom
McCain gives "Twitterview" to ABC
Google to roll out free tool to help save energy
Man held in China for posting conflict rumours: report
Nokia to cut another 1,700 jobs worldwide
Indonesia cleric detained for marrying 12-year-old
First sighting of humpback whale in Hong Kong
Lion shot after escaping Australian zoo enclosure
Natasha Richardson seriously hurt in ski fall | Entertainment |
SKorea to beef up security at overseas missions
Stacy Keach hospitalized | Entertainment |
8 foreign skiers rescued from Japanese slope
Official's pro-China claim causes uproar in Taiwan
Transformers 3 director corrects release date | Entertainment |
Chinese Premier Wen to meet NKorean premier
Stacy Keach hospitalized
DeGeneres to play Mother Nature in comedy | Entertainment |
US warns of drink-spiking in Tokyo bars
'Sopranos' creator David Chase returning to HBO
NKorea refuses US food amid missile standoff
Man held at Beijing airport with 87kg of marijuana
Huiyuan shares halted amid doubts about Coke deal
South Korea unemployment rises to 3.9 pct: govt
Richardson's family gathers near injured actress
China forex reserves drop 30 bln dlrs
Anoop Desai goes country, wows Cowell and company
SKorea expected to initial EU trade pact in May
DeGeneres to play Mother Nature in comedy
China Mobile profit expected to grow strongly
Natasha Richardson seriously hurt in ski fall
Coca-Cola may abandon China juice acquisition: FT
Venezuela rethinks cheap gasoline
Asian markets mixed after Wall Street rally
Stacy Keach hospitalized
Japan holds rates steady, boosts bond purchases
'Schooling Giacomo' teaches life-affirming lessons
S.Korea KAMCO to buy $876 mln savings banks debt
Review: Roberts and Owen crackle in `Duplicity'
SKorea says it will respond if North blocks border
LA dance company gets $20 million gift
Broadway theaters to dim lights for Ron Silver
NATO says 4,000 extra troops needed for Afghan poll | International |
NATO recommits troops for Afghan polls
Lebanese president rules out direct Israel talks | International |
Russia to decide on air defence for Iran: report
Austria's Fritzl admits murder and enslavement | International |
Pakistan dismisses report US may widen covert war
CORRECTED: Vatican defends pope condoms stand, criticism mounts | International |
British unemployment hits 12-year high
Israeli army uses PIs to spy on suspect dodgers
Man blows himself up in failed Yemen attack: source | International |
Green tea, mushrooms cut breast cancer risk: study
Iran's reformist challenger to Ahmadinejad
Fritzl changes plea to guilty to all charges
Sri Lanka war rages, more than 640 make boat escape | International |
Kabul bomb wounds three, 33 rebels killed
Kuwait to name crown prince as premier: reports | International |
Sudan's Bashir rallies Arab tribesmen in Darfur | International |
IBM in talks to buy Sun Microsystems | Technology |
Obama may visit Russia in July: report
In spite of hunger, NKorea refuses US food aid
Marvel, startup ink online gaming deal
Marvel, startup ink online gaming deal | Technology |
IBM in talks to buy Sun Micro: report
Maxis commits $10 billion to India mobile unit | Technology |
Sun Micro takes on Amazon in cloud computing
Ontario to help emerging tech firms raise capital | Technology |
Seoul rules out closing economic zone in North
Afghan leader warns against international meddling
China PM talks nuclear with NKorea premier
China cans Coca-Cola bid for juice-maker
Moderate quake hits off Indonesia: officials
Thai PM vows to slow drug trade within 6 months
Pakistan records c/a surplus of $146 mln in Feb
Japan steps up fight against economic downturn
Eni to double Pakistan output in 5-6 years
US urges citizens to avoid Tokyo nightlife area
Taiwan to conduct study on capital gains tax
Four bombs found in Thai govt stronghold: police
Thailand's exports slide for fourth month
Japan court rules nuke plant is quake-proof
China shares rise on commodity gains
Made-to-order magazine lets readers choose
40,000 Philippine seamen could lose jobs: official
Author Pat Conroy entering SC Hall of Fame
Asia, Europe markets edge higher after US rally
First celebrity cast off of `Dancing'
Pakistan's NBP says '08 net profit falls 18.8 pct
Mystery shrouds Patagonia sinking of gold laden ship
Sri Lankan economic growth cools in 4th quarter
Fredo Viola: from internet buzz to music stores
WRAPUP 2-S.Korea sheds most jobs in 5 yrs as slump deepens
Humble Dutch clog stands the test of time
'Slumdog Millionaire' to hit Chinese screens
"Transformers 3" director corrects release date
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01