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Java: Article

Sun Stockholders Rubber Stamp Acquisition

The deal still needs U.S. and European regulatory sanctions
By Maureen O'Gara
Article Rating:
July 16, 2009 07:30 PM EDT
Reads:
 1,682

Sun's long-suffering stockholders approved the company's sale to Oracle for $9.50 a share Thursday.

The deal still needs U.S. and European regulatory sanctions.

If, as Oracle's lawyers said to expect, the deal closes by the end of August, it would be quicker than is usual after a second request for information by the Justice Department.

The agency is reportedly asking questions about Java.

Published July 16, 2009 – Reads 1,682
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Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025.

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