IBM 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

Related Articles:

• IBM Withdraws Offer To Buy Sun For $7 Billion
• Running Display Ads and Search Ads Yields Higher Conversions
• Search + Social Media = More Traffic
• Insure.com Website and Domain Name Sold For $16 Million
• Oracle To Acquire Sun For $7.4 Billion

This entry was posted on Thursday, March 19th, 2009 at 6:14 am and is filed under News and Comment, Technology. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.