Oracle Will Buy Partner Sun Microsystems for $7.4 Billion

April 21st, 2009

After a false start with IBM , Sun Microsystems has agreed to be acquired by Oracle for $7.4 billion. Oracle sees long-term advantages to acquiring two key Sun software assets: Java and Solaris.Java is one of the most widely deployed technologies in the computer industry. Oracle called it the “most important software” it has ever acquired. Oracle Fusion Middleware is built on top of Sun’s Java language and software.

Oracle expects the Sun acquisition to contribute more than $1.5 billion to its operating profit in the first year alone, and increase to more than $2 billion in the second year. That would make the Sun acquisition more profitable in per-share contributions in the first year than its acquisitions of BEA, PeopleSoft and Siebel combined.

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