Oracle Agrees to Acquire Sun Microsystems Post: 302308927

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Operating Systems Solaris Oracle Agrees to Acquire Sun Microsystems Post 302308927 by Neo on Monday 20th of April 2009 03:56:07 PM

04-20-2009

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Oracle Agrees to Acquire Sun Microsystems

Source: NY Times

Oracle Agrees to Acquire Sun Microsystems
By ASHLEE VANCE

The Oracle Corporation, the technology information company, announced Monday that it would acquire a rival, Sun Microsystems, for $9.50 a share, or about $7.4 billion.

The agreement with Oracle came about two weeks after I.B.M. ended its talks with Sun. The Sun board balked at that deal after I.B.M. lowered its offer to $9.40 a share from $10. Still, Monday's deal represented a 42 percent premium over Sun's closing price of $6.69 on Friday.

Oracle and Sun said in a statement that net of Sun's cash and debt, the deal was valued at $5.6 billion.

Lawrence J. Ellison, Oracle's co-founder and chief executive, and Scott G. McNealy, Sun's co-founder and chairman, have been two of Silicon Valley's closest allies over the last 20 years. Their companies turned into two of the superstars of the Internet build-out, and both executives made ribbing their rival Microsoft a favored pastime.

Historically, most of Oracle's database sales have occurred in tandem with Sun's servers. Over the last few years, however, Oracle has moved to make Hewlett-Packard and Dell stronger allies, as Sun's business has declined.

�This combination is a natural evolution of our relationship and will be an industry-defining event,� Mr. McNealy said.

Sun's directors have unanimously approved the transaction. It is expected to close this summer, subject to Sun stockholder approval, the companies said in a statement.

Oracle said it expected the purchase to add at least 15 cents a share to its adjusted earnings in the first year after the deal closes. The company also estimated that Sun would contribute more than $1.5 billion to Oracle's adjusted profit in the first year and more than $2 billion in the second year.

Sun shares were up 36 percent, to $9.12, in midday trading, while Oracle fell 1.9 percent, to $18.70.

The deal immediately disrupts the traditional relationships formed between some of the technology industry's largest players and thrusts Oracle into the hardware business.

Oracle, for example, has long-standing partnerships with Sun's rivals, including Hewlett-Packard and Dell. These sellers of server computers work to fine-tune Oracle's database and business software for their computers.

I.B.M., which competes against Oracle in the software market, also comes under new threats with the deal.

For years, I.B.M. has used its homemade servers as leverage for selling higher-profit database and business software. With Sun, Oracle opens up the same opportunity and gains access to thousands of existing Sun customers.

In addition, Oracle has now obtained the MySQL database, which Sun acquired last year for $1 billion. The open-source software has proved popular with companies looking to expand their Internet operations.

Last year, Oracle began a flirtation with the hardware market. It started reselling a server computer from H.P. that relied on its software for managing and analyzing large volumes of data.

Neo

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dbix::class::storage::dbi::oracle::wherejoins5.18

DBIx::Class::Storage::DBI::Oracle::WhereJoins(3)	User Contributed Perl Documentation	  DBIx::Class::Storage::DBI::Oracle::WhereJoins(3)

NAME

       DBIx::Class::Storage::DBI::Oracle::WhereJoins - Oracle joins in WHERE syntax support (instead of ANSI).

PURPOSE

       This module is used with Oracle < 9.0 due to lack of support for standard ANSI join syntax.

SYNOPSIS

       DBIx::Class should automagically detect Oracle and use this module with no work from you.

DESCRIPTION

       This class implements Oracle's WhereJoin support.  Instead of:

	   SELECT x FROM y JOIN z ON y.id = z.id

       It will write:

	   SELECT x FROM y, z WHERE y.id = z.id

       It should properly support left joins, and right joins.	Full outer joins are not possible due to the fact that Oracle requires the entire
       query be written to union the results of a left and right join, and by the time this module is called to create the where query and table
       definition part of the SQL query, it's already too late.

METHODS

       See DBIx::Class::SQLMaker::OracleJoins for implementation details.

BUGS

       Does not support full outer joins.  Probably lots more.

SEE ALSO

       DBIx::Class::SQLMaker
       DBIx::Class::SQLMaker::OracleJoins
       DBIx::Class::Storage::DBI::Oracle::Generic
       DBIx::Class

AUTHOR

       Justin Wheeler "<jwheeler@datademons.com>"

CONTRIBUTORS

       David Jack Olrik "<djo@cpan.org>"

LICENSE

       This module is licensed under the same terms as Perl itself.

perl v5.18.2							    2013-07-12			  DBIx::Class::Storage::DBI::Oracle::WhereJoins(3)