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 is acquiring Sun Microsystems for $7.4 billion in cash at a rate of $9.50 per share in cash.
If there is any accuracy to data released by Netcraft, then the Internet has about 182,226,259 sites. That's 948,000 more than a month ago. Netcraft looks at the number of sites hosted on the different top servers. The following graph represents market share for top servers across all domains from August 1995 to October 2008:
MySQL created a bit of an uproar when it seemed ready to close sourcing portions of the MySQL server. Now, in what's a nod to the power of crowds in more than one way, the decision has been reversed.
It's almost time to get in touch with one's inner Java geek, and others, at JavaOne in San Francisco, May 6-9.
Tech industry pundit John Dvorak thinks Larry Ellison had a shadowy hand in the billion dollar deal that brought MySQL to Sun.
Jonathan has a nice post with additional explanations on the MySQL deal, seeing as one or two folks have questioned it.
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.
The open source database supports sites like Google, Yahoo, and Facebook, and provides Sun with a "full stack" it can offer customers.
Overcoming the inertia that keeps people going to other financial sites confronts Chris Jolley, group manager at Microsoft's Financial Products Group, every day. He believe MSN Money deserves a look.
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