IBM To Gobble Up Sun?
By Anna Johnson on March 19th, 2009IBM and Sun Microsystems are discussing a proposal for IBM to acquire Sun for $6.5 billion.
TechCrunchIT reports that after factoring in the $2.6 billion in cash and short term investments on Sun’s balance sheet, the true offer is closer to $4 billion.
It appears that IBM wants to strengthen its server business by acquiring Sun’s Solaris server business and also sees synergies between its own and Sun’s open source standards.
Source: Erick Schonfeld, “Big Blue Wants To Swallow Sun For $6.5 Billion,” TechCrunchIT, March 18, 2009
