Pssst, Buddy… Wanna Buy Sun Microsystems?
by John Paczkowski
Posted on March 26, 2009 at 5:00 AM PT
Intel CEO Paul Otellini has confirmed what “people familiar with the matter” and industry observers have been saying for months now. Sun (JAVA) is eager to find a buyer and has offered itself for sale to IBM (IBM) and pretty much anyone else who might have the cash to acquire it. “I can tell you that Sun was shopped around the Valley and around the world in the last few months,” Otellini told Intel (INTC) employees during a recent meeting, according to an SEC filing. “A lot of companies got calls or visits on buying some or all the assets of the company. It looks like IBM is in the hunt now. And at a hundred and some odd percent premium, I suspect they’ll get it….I think IBM is trying to consolidate architectures. IBM has the strongest Java license in the industry. By picking up Sun–which is the creator of Java–they really consolidate their position not just in Linux, but also in Java….Is it good or bad for us? I don’t know. I’d rather have Sun be independent, I guess.”
Sadly for Otellini, that’s not likely to be the case. Sources close to the company tell Bloomberg that IBM is knee-deep in talks to acquire Sun and that a deal may be announced as soon as next week.
Comments
So someone call Nancy and have the SEC block it until IBM will promise US jobs. (unlike Chuck or Hillary who have done nothing for NY). Then call long time outsourced AT&T and JNJ and ask them if they would change their minds if they had a choice.
IBM promise savings with bait and switch talent. Call then out!
Why wait for the next Housing/Banking crisis to hit IT.
We are one ocean fiber cut from shutting down. Then we see the next perp walk to capital hill.
Come on John, investigate.
Posted by Jeff Stevens at March 26th, 2009 at 3:29 amYou can get help from Jon S. He’s not afraid to take on the world. Maybe we might even give you a pulitzer.
Apple should buy Sun Microsystems for Cash and Stock. Apple can then own the Java Programming Language and compete with Dell head up on small business servers.
Posted by George Mag at March 26th, 2009 at 9:13 am