Companies News

Report: IBM-Sun discussions fall through late in the game

By Angela Gunn | Published April 6, 2009, 3:17 AM

Reuters is reporting that acquisition talks between Sun Microsystems and IBM have collapsed after the smaller company rejected an offer said to be $9.40 / share or less. That reflects a substantial drop from the original offerings of $10-$11 / share, and a decrease from a reported offer of $9.50 / share late last week.

A Sun-IBM merger would have given the new entity a commanding share of the Unix server market and allied one of the Net's pioneering firms with a computing company that has weathered an impressive array of changes in the tech landscape. Sun, which has been cutting staff and otherwise tidying up for potential suitors, is not known to be in discussions with any other company.

Comments

View comments by with a score of at least

foxfyre
Apr 6, 2009 - 12:05 PM

Give thema a year and Sun, like Yahoo, will be wishing they could generate a $9.40/share offer.

Its deja vu all over again.

Score: 0

|
Post Reply

Google Buzz: Another attempt to harness the content firehose

Similar to how Google successfully remolded RSS into a Google tool, the company now wants to remold Gmail into one big Google party

Success: Google's Nexus One shipping support line takes tech support questions

UPDATED Though the support line had been set up for shipping, it now appears Google personnel are happy to hear technical concerns.

Goodnight, moon: What I learned from a space shuttle

Carmi Levy | Wide Angle Zoom: Can the tech sector learn a few lessons from the space program? Certainly, if you believe in learning from someone else's mistakes.

Netflix to FCC: NBCU + Comcast could bypass net neutrality

Weaning itself from the post office as its main means of video transfer, Netflix would like someone to ensure the Internet remains just as unencumbered.

Rhapsody to become an independent company

RealNetworks and Viacom subsidiary MTV Networks have begun the process of spinning off music service Rhapsody into an independent company.

Nvidia debuts new dynamically-switched graphics card technology

Today, Nvidia announced that its Optimus technology for GPU switching will soon be available in a handful of Asus notebooks.

Google lowers 'unusually high' early termination fee on Nexus One

Google has lowered the Nexus One's early termination fees which were twice as high as the norm.

Netgear and Ericsson introduce a mobile broadband hotspot with a twist

It's a mobile broadband hotspot, but it's for use in the home.

Report: Streaming video drove 72% global increase in mobile data consumption

A new study says streaming video is "the single most influential factor driving the need for increased mobile network capacity."

Stymied by continuing Nexus One 3G issues, Google blames the environment

If you're still afflicted with the 3G flip-flop trouble, then you might consider moving. That appears to be the only suggestion Google can give for now.

Wolfram|Alpha makes a strong argument for virtual keyboards

"Answer engine" Wolfram|Alpha has updated its iPhone/iPod Touch app, harnessing the strength of the virtual keyboard.