21 April 2009

Video: Oracle will acquire Sun Microsystems

20 04 2009 - Oracle will acquire Sun Microsystems, Don Henley files a lawsuit over YouTube, and OMG, it's a new T-Mobile Sidekick!

Oracle Corp plans to enter the computer hardware market by buying Sun Microsystems Inc for more than $7 billion, swooping in after Sun's talks with IBM fell apart.

The announcement on Monday surprised many Oracle watchers, who believed the company can boost profitability at Sun's software businesses but were unsure if it can be as successful with Sun's hardware unit amid stiff competition against IBM, Hewlett-Packard Co, Dell Inc and new entrant Cisco Systems Inc.

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Source: CBS News VIDEO

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