IBM's Sun deal setting: Talks reportedly near collapse
IBM's acquisition of Sun Microsystems looks like it's almost toast. According to the Wall Street Journal, talks between IBM and Sun are about to collapse.
IBM's acquisition of Sun Microsystems looks like it's almost toast. According to the Wall Street Journal, talks between IBM and Sun are about to collapse.
Just days ago we were all asking what Red Hat did to deserve an open assault from Oracle and possibly Novell and Microsoft. Perhaps all that consternation was a tad premature.
At a Churchhill Club event, Oracle CEO Larry Ellison talked to former Sun Microsystems President Ed Zander about Oracle’s recent acquisition of Sun Microsystems. Ellison covered a wide range of topics ranging from the economy to IBM and IT demand.
Brocade Communications Systems, which makes networking and storage gear for data centers, has reportedly put itself up for sale and Oracle and HP are among the interested parties.
In what's expected to be an otherwise so-so second quarter report, Oracle may shed some light on its two-month-old plan to support Red Hat Linux. Oracle reports its fiscal second quarter results after the market closes today and analysts aren't expecting a blow-out quarter with earnings of 22 cents a share on sales of $4.
Sun Microsystems on Friday reported fiscal fourth quarter net income of $88 million, or 11 cents a share, on revenue of $3.78 billion, down 1.
Oracle used its fiscal second quarter earnings release to kick around another competitor--BEA Systems. "We continue to gain market share in applications from SAP, in middleware from BEA, and in database from IBM," said Oracle President, Charles Phillips.
Oracle CEO Larry Ellison is banking on two things for the future growth in the company's applications business: Winning battles among various verticals such as retail and telecom billing and betting heavily on search. Oracle, which reported second quarter earnings earlier today, projected third quarter results in line with current expectations of earnings of 22 cents a share on sales of $4.
Memo to Sun: Stop trying to be so damn trendy. Taking Java open source is a big development, but then you muck it up with having a developer Q&A in Second Life.
Oracle has thrown down the hardware gauntlet against IBM to stop the bleeding at soon-to-be-acquired Sun Microsystems, but Red Hat may be among the big winners amid the server wars.