All Posts Tagged With: "sun microsystems"
Yesterday, Oracle announced its intent to acquire Sun Microsystems for $7.4B. While it is very clear Oracle wants to roll up and control the database software market, Oracle executives also stated their intent to invest in the server (Solaris) and storage businesses with the latter be an “expanding market for us over the years to [...]
Published by Steve O'Donnell on Saturday 15th November 2008, 17:34 | 1 comment | Related | Filed Under
Joining a rapidly growing list of technology companies reeling from the financial turmoil, Sun Microsystems has started a restructuring in which up to 6,000 employees could lose their jobs. Before the stock market opened Friday, Sun disclosed that it would lay off between 5,000 and 6,000 employees, or up to 18 percent of its work force. The [...]
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