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Oracle to Acquire Sun Microsystems

April 20, 2009

After talks with IBM (IBM: 161.03 +0.34%) fell apart, Sun Microsystems (JAVA: 0.00 N/A) has turned to Redwood Shores-based Oracle (ORCL: 43.38 -1.48%) to be its suitor. Interesting move to say the least, particularly since Oracle is expecting a 50% ROI within 2 years.

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Categories: Notable Deals
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