WebProNews

Sun Losing $100 Million a Month as Oracle Waits

Sun Microsystems is losing about $100 million a month according to Larry Ellison, CEO of Oracle, the company that's set to acquire Sun. Oracle is waiting to get clearance from European regulators before the deal can go through and Oracle can step in and try to put an end to this loss.

Oracle Buys Sun Microsystems for $7.4 billion

Oracle is acquiring Sun Microsystems for $7.4 billion in cash at a rate of $9.50 per share in cash.

Oracle Releases Social CRM Product

In its attempt to even approach Salesforce.com in the CRM market, Oracle may have made an important leap.  With its latest launch - Oracle CRM on Demand Release 15 - the company has integrated some social networking capabilities.

MySQL and the Google MacGyver Connection

A reader commented that MySQL isn’t “enterprise ready”, to which another reader wrote: “I hate it when snobby DBAs or managers scoff at MySQL as if it isn’t ready to play with the big boys. Google called, they’d like to loan you a clue.”

Oracle's Hand In Sun's MySQL Buy

Tech industry pundit John Dvorak thinks Larry Ellison had a shadowy hand in the billion dollar deal that brought MySQL to Sun.

BEA & Oracle Customers Should Expect Major Shifts

CMS Watch, a vendor-neutral analyst firm that evaluates content technologies, has found that some of the largest enterprise portal vendors are experiencing the most change right now, and therefore, choices that appear conservative to customers might actually carry significant near-term risks. BEA and Oracle customers in particular should expect to see major shifts pending yesterday’s acquisition, as four, overlapping enterprise portal products will compete for attention under Larry Ellison.

Software Industry Continues to Consolidate

As Zack reported, Sun is buying MySQL for ~$800M plus $200M in options. Interestingly, the MySQL acquisition represents 8% of Sun’s current market cap (~$13 Bil). While I’m happy for the MySQL team, my views on Sun’s OSS “strategy” are mixed at best.

Oracle Closes BEA Deal For $8.5 Billion

The valuation comes as Oracle and BEA agree on terms that will have Oracle pay $19.375 per share in cash for outstanding shares in the web application company.

NetSuite Optimistic About Its IPO

Three bucks isn't much, but to look at it another way, it's about 19 percent of sixteen dollars.  So we're at least mildly impressed that NetSuite, a business software maker, has been able to raise the expected price range of its IPO by that much.

BEA Flips Off Oracle Offer

A 25 percent premium for BEA in an all-cash offer from Oracle elicited a mild chuckle from BEA's VP of business planning and development, William Klein.