Apart from the Economic Times most of the Indian newspapers did not attach much importance to this news. Oracle has announced yesterday that it will acquire Sun for approximately $7.4 billion, after the Sun/IBM deal fell through last week. Oracle in the past has acquired companies like Peoplesoft, BEA and Siebel.
There are substantial long-term strategic customer advantages to Oracle owning two key Sun software assets: Java and Solaris. Java is one of the computer industry's best-known brands and most widely deployed technologies, and it is the most important software Oracle has ever acquired. Oracle Fusion Middleware, Oracle's fastest growing business, is built on top of Sun's Java language and software. Oracle can now ensure continued innovation and investment in Java technology for the benefit of customers and the Java community.
Yesterday, Oracle chief executive Larry Ellison said the Sun acquisition would help his company secure a leading role in the making of "middleware" programs that link databases with a variety of business and consumer applications. "As a result of this acquisition, Oracle can increase the investment in Java technology that is so critical to our continued success in middleware," Ellison said.
He also said Sun's Sparc computers running Solaris Unix are already the most popular platform among Oracle's database customers. Ellison said engineers at the merged company would be able to redesign their hardware and software to make them work together more efficiently than before.
Sources: Economic Times, Boston, Sun, Oracle