Tag Archives: sun

Oracle to buy Sun Microsystems

Posted by Praveen Kumar on April 20, 2009 2 comments

This morning there was an official announcement that Oracle has offered to buy Sun Microsystems for $9.50 per stock, and Sun’s board agreed. The market rumors surrounding Sun for the last few weeks suggested that something was looming. But, Oracle was a surprise to me. It looks like closing the deal typically takes from 3 to 9 months. It would be interesting to see how Sun would be integrated into Oracle.

Also, Oracle’s attitude towards Open Source remains largely unknown at this point. Sun did some extensive Open Sourcing in the past few years. It would be interesting to see how this deal would affect the direction of those products.

To know more information about the deal, read the Sun’s press release or Oracle’s press release. Oracle has put up an information page and answered some of the frequently asked questions in there.

Oh No, Not Again

Posted by Praveen Kumar on November 14, 2008 No comments

My employer (Sun Microsystems, Inc.) has announced another round of layoffs, which will eliminate as much as 18% of Sun’s workforce (around 6000 jobs), will save the company $700 million to $800 million. We have also announced the departure of the head of Software Group, Rich Green. With this we are restructuring the Software Group into Application Platform Software, Systems Platforms and Cloud Computing & Developer Platforms. The recession of world wide economy is putting enormous pressure on technology companies like us. We would hope that this downturn would end soon before causing irreversible damage to many companies. However I feel that we have just entered into the difficult stage of the slowdown and we will be seeing more challenges awaiting us.

Disclaimer: All the views expressed herein are mine. I am not talking for my employer, Sun Microsystems, Inc.