Last month, IBM (IBM) said it wanted to buy Sun Microsystems (JAVA). At the time, I said it wasn’t a smart move for them. Two weeks ago, the deal came apart.
The big news this morning is that Oracle (ORCL) is going to buy Sun for $9.50 a share, or $5.6 billion. In my opinion, this is a much better deal for everyone.
I rate Oracle and IBM buys, and Sun Micro is a hold.
