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Liviu MihaileanuThe company name is only visible to registered members.IBM to acquire Sun for $6.5bn in cash; the two companies account for two-thirds of the global market of high-end servers
IBM and Sun Microsystems were in talks on Wednesday over the possible acquisition – which would be valued at $6.5bn (€4.8bn) in cash. Of course, as any deal of such significance, it would face intense antitrust scrutiny. The two companies account for 2/3 of the $25.5bn global market for high-end servers. The deal could let IBM build scale and cut costs sharply while boosting its computer hardware business in the slow-growing server market.
More details at:
http://mgmtblog.wordpress.com/2009/03/19/ibm-to-acquire-sun-...
- 19 Mar 2009, 09:37 am
