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IBM Withdraws $7B Offer For Sun Microsystems, Says NYT

suraj.sun points to a story in the New York Times indicating that the much-rumored merger (or purchase) that would have united Sun with IBM may have dissolved before it began. Excerpting: "I.B.M., after months of negotiations, withdrew its $7 billion bid for Sun Microsystems on Sunday, one day after Sun's board balked at a slightly reduced offer, according to a person close to the talks. The deal's collapse raises questions about Sun's next step, since the I.B.M. offer was far above the value of the Silicon Valley company's shares when news of the I.B.M. offer first surfaced last month. .. Since last year, Sun executives had been meeting with potential buyers. I.B.M. stepped up, seeing an opportunity to add to its large software business, acquire valuable researchers and consolidate the market for larger, so-called server computers that corporations use in their data centers. ... Now, Sun is free to pursue other suitors, including I.B.M. rivals like Hewlett-Packard and Cisco Systems. Cisco recently entered the market for server computers."

3 of 291 comments (clear)

  1. Re:Just how much is enough? by LostCluster · · Score: 0, Flamebait

    Java and Blu-Ray may have a future value, but Solaris is a has-been that's been open-sourced.

  2. dweebs by Gary+W.+Longsine · · Score: 0, Flamebait

    I swear to God man, I've heard exactly that same line of shit from many a dweeb trying to convince some manager that Windows was going to be just as good as (UNIX, Linux, Solaris, AIX, Mac OS X, BSD, etc.) Did you cut and paste the Windows dweeb argument from an old UNIX vs. Windows flame war?

    --
    If you mod me down, I shall become more powerful than you could possibly imagine.
  3. Re:The Best I.T. News I've Heard In A Long Time by sproketboy · · Score: 0, Flamebait

    "If Java were really all that great it would have become a major force long before now."

    http://www.tiobe.com/content/paperinfo/tpci/index.html

    Smalltalk isn't even on the list.

    "Java still compares unfavorably to Smalltalk in many ways"
    LOL. Smalltalk died in the 90s for good reasons. No one uses it anymore. Get over it.