2009年4月20日星期一

Oracle to buy Sun in $7.4 billion, IBM surprised

Previous report: Oracle, not IBM, will be buying Sun Microsystems. Oracle and Sun announced Monday that they have entered into a definitive agreement under which Oracle will acquire Sun common stock for $9.50 per share in cash. That puts the value of the transaction at about $7.4 billion, or $5.6 billion net of Sun's cash and debt.
Sun's board has unanimously approved the transaction. The deal is expected to close this summer, subject to Sun stockholder approval, regulatory approvals, and closing conditions. Last month, reports surfaced that IBM wanted to buy Sun, but Sun didn't like the terms that Big Blue was offering.
But apparently Ballmer, who is rarely at a loss for words, didn't exactly have a sound byte at the ready. "I need to think about it," Ballmer told reporters in Moscow, according to Reuters. "I am very surprised." I'm hearing that Ballmer wasn't the only one surprised by Monday's deal. According to a source of mine, IBM hadn't given up on purchasing Sun and was blindsided by Oracle's move.
Oracle is, of course, one of Microsoft's chief rivals in the database and business applications space--a fact that Ballmer highlighted in an interview in February. Sun is also a longtime rival, although the two companies have had a technology partnership in recent years stemming from their settlement of legal hostilities back in 2004.
I wonder (honestly and without being negative) what Ballmer's traits are that make his opinion worth anything. What does he bring to the table? What is he good at (besides crappy infomercials)? Does anyone honestly care what his opinion on anything is?
What do you think?

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