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by Weiqi Gao.
Original Post: Oracle To Buy Sun
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I woke up to the news of Oracle's acquisition of Sun today:
Oracle/Sun Press Release: 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.
I don't think anyone can claim to be surprised by the news. My morning business newscaster seems to think that this is good news. My colleagues and the blogs I read have mixed reactions, from nervous (for MySQL), to hopeful (for Java), to wait-and-see (for other Sun stuff).
One thing is certain—there will be changes, and we may need to adapt to them.
BTW, here's what the oracle of oracles, the I Ching has to say about Sun: