Oracle today announced a definitive agreement to acquire Sun Microsystems for $9.50 per share or approximately $7.4 billion.
The agreement brings together two long time hardware/software partners. In a news conference, Oracle CEO Larry Ellison pointed to Suns Solaris operating system and Java programming language as instrumental to the deal. Java is the foundation of Oracles Fusion middleware and the single most important software asset we have ever acquired.
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