Today April 20, 2009 will be remembered as a golden day in history of IT-- Sun Microsystems (NASDAQ: JAVA) and Oracle Corporation (NASDAQ: ORCL) 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.
What a day today is
Two big giants of IT World become one and soon these companies will takeover the whole IT market and become emperor of IT world.
Benefits to Oracle
Sun will contribute over $ 1.5 billion in first year and over $2 billion in second year .
Oracle can do innovation in Java according to its database handling.
Oracle can add new features and facilities in Solaris
Oracle can emperor in IT world from database to operating system.
Benefits to Sun
Sun can develop and integrate the oracle database in its softwares according to the situation or demand.
Innovation can come because they are having everything in their hand to develop software;
Better utilisation of Brains will be there .
Benefits to End User
They do not have to spend on both software and database.
Helpful for configuration management people
Quickness and easiness will be there in Softwares.
In my this deal will definately benefit in future.
Tuesday, April 21, 2009
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