| By Kevin Jackson | Article Rating: |
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| April 20, 2009 12:41 PM EDT | Reads: |
899 |
Swooping in from nowhere, Oracle buys Sun for $7.4B!!"This morning, the companies announced that they'd struck a deal worth $7.4 billion or $5.6 billion net of Sun's cash and debt. Under the terms, Oracle will acquire Sun common stock for $9.50 per share in cash.
The arrangement would provide Oracle ownership of Java and Solaris and gives Oracle control of MySQL, in addition to its own flagship database technology ."
What a coup for Oracle and a boon for cloud computing!! As a software company focused on transitioning to the SaaS model, Oracle is making a very loud statement with this acquisition. With our SOA-R partners, Northrop Grumman and Appistry, Dataline has already successfully demonstrated an ability to use the Oracle SOA Suite and Oracle Beehive on the Amazon EC2 platform (see Cloud Computing: Infrastructure-as-a-Service Demonstration). As one of the largest Oracle application users, the Federal government will now definitely see Oracle as a viable software standard for the much anticipated government cloud.
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Published April 20, 2009 Reads 899
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Kevin L. Jackson is a senior information technologist specializing in information technology solutions that meet critical Federal government operational requirements. Currently, he is an Engineering Fellow with NJVC , and editor of Government Cloud Computing e-zine. Kevin blogs regularly at Cloud Musings. To learn more about the US Federal Cloud Computing Initiative and the business value it offers, please visit the Government Cloud Value Survey.
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