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.
Microsoft has struck a search distribution deal with Sun Microsystems to provide its MSN Toolbar to U.S. based Internet Explorer users when they download Sun's Java Runtime Environment platform.
Sun Microsystems torture-tested its Project Blackbox portable datacenter by subjecting it to a simulated earthquake, and put the video up on YouTube to show how it fared.
Ian Murdock of the Debian project will move into the world of Solaris as he joins Sun Microsystems as Chief Operating Platforms Officer.
Matt Mullenweg (the guy who started Automattic, which produces Wordpress, which runs this blog and many others) tells Jonathan Schwartz that Sun Microsystems isn't there for startups.
Sun Microsystems, known best for creating the Java programming language, has announced that it is joining the OpenAJAX Alliance, as well as the Dojo Foundation.
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