Posts Tagged ‘sun’
Oracle stops Project Sequoia
Oracle Corp. has stopped work on a $313 million data center in Utah. The Salt Lake Tribune reported Tuesday that Oracle quietly stopped construction on the center, in West Jordan, near the Salt Lake City Municipal Airport, three months ago. The halt is linked to Oracle’s planned acquisition of Sun Microsystems the paper said.
Oracle to acquire SUN?
Is Oracle going to buy Sun?
On April 20, 2009, Oracle announced it has entered into an agreement to acquire Sun Microsystems (Sun). The proposed transaction is subject to Sun stockholder approval, certain regulatory approvals and customary closing conditions. Until the deal closes, each company will continue to operate independently, and it is business as usual.
The acquisition combines best-in-class enterprise software and mission-critical computing systems. Oracle plans to engineer and deliver an integrated system—applications to disk—where all the pieces fit and work together so customers do not have to do it themselves. Customers benefit as their system integration costs go down while system performance, reliability and security go up.
Sure looks like Sun will now be an Oracle product.
